July 31, 2018 / 5:10 AM / 15 days ago

BRIEF-GAM Holding H1 IFRS Net Profit Down 62 Pct To CHF 25.4 Million

July 31 (Reuters) - GAM Holding AG:

* H1 IFRS NET PROFIT DECLINED 62% TO CHF 25.4 MILLION

* H1 2018 UNDERLYING PRE-TAX PROFIT UP 21% TO CHF 91.3 MILLION

* H1 NET FEE AND COMMISSION INCOME UP 12% TO CHF 287.7 MILLION

* H1 UNDERLYING PROFIT BEFORE TAXES ROSE 21% TO CHF 91.3 MILLION

* COMMITTED TO ACHIEVING GROWTH IN DILUTED UNDERLYING EARNINGS PER SHARE IN EXCESS OF 10% ON AN ANNUALISED BASIS AND AN OPERATING MARGIN OF 35-40%, BOTH OVER FIVE TO EIGHT-YEAR BUSINESS CYCLE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below