November 15, 2018 / 7:07 AM / a month ago

BRIEF-Intermediate Capital Group H1 assets up 17 pct on inflows

Nov 15 (Reuters) - Intermediate Capital Group PLC:

* SAYS AUM UP 17% ON 31 MARCH 2018 TO EUR 33.6BN, WITH EUR 6.1BN OF NEW MONEY RAISED

* SAYS THIRD PARTY FEE EARNING AUM UP 24% ON 31 MARCH 2018 TO EUR 26.0BN, RESULTING IN THIRD PARTY FEE INCOME UP 35%

* SAYS INTERIM ORDINARY DIVIDEND UP 11.1% TO 10.0P PER SHARE

* SAYS OUTLOOK REMAINS STRONG

* SAYS FUND MANAGEMENT COMPANY PROFITS UP 45% TO £64.4M (H1 2018: £44.3M)

* SAYS INVESTMENT COMPANY PROFITS HIGHER AT £59.6M (H1 2018: £51.2M)*; GROUP PROFIT BEFORE TAX OF £124.0M (H1 2018: £95.5M)

* SAYS EARNINGS PER SHARE OF 43.6P (H1 2018: 33.1P); FUND MANAGEMENT COMPANY 21.4P (H1 2018: 15.5P) AND INVESTMENT COMPANY 22.2P (H1 2018: 17.6P) Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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