February 5, 2018 / 10:06 PM / 3 months ago

BRIEF-Magellan Financial Group ‍Posts HY Net Operating Profit Of $53.5 Mln

Reuters Staff

1 Min Read

Feb 6 (Reuters) - Magellan Financial Group Ltd:

* ‍INTERIM DIVIDEND OF 44.5 CENTS PER SECURITY

* HY NET OPERATING PROFIT $53.5 MILLION VERSUS $87.0 MILLION

* ‍EXPECT GROUP’S MARKETING EXPENSE TO INCREASE MATERIALLY IN 2018 FINANCIAL YEAR TO ABOUT $11.0-11.5 MILLION Source text for Eikon: Further company coverage:

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BRIEF-Magellan Financial Group ‍Posts HY Net Operating Profit Of $53.5 Mln

* ‍INTERIM DIVIDEND OF 44.5 CENTS PER SECURITY​

* ‍INTERIM DIVIDEND OF 44.5 CENTS PER SECURITY