July 25, 2018 / 6:09 AM / in 3 months

BRIEF-Rathbone Brothers H1 pretax up 64.3 pct

July 25 (Reuters) - Rathbone Brothers PLC:

* SAYS UNDERLYING PROFIT BEFORE TAX* INCREASED 11.5% FROM £43.3 MILLION TO £48.3 MILLION IN FIRST SIX MONTHS OF 2018

* SAYS UNDERLYING PROFIT MARGIN REMAINED STRONG AT 31.5% COMPARED TO 30.4% IN 2017. UNDERLYING EARNINGS PER SHARE INCREASED 11.3% TO 76.1P (2017: 68.4P).

* SAYS PROFIT BEFORE TAX FOR HALF YEAR INCREASED 64.3% FROM £26.6 MILLION TO £43.7 MILLION

* SAYS THIS NOT ONLY REFLECTS OUR UNDERLYING PERFORMANCE BUT ALSO A NUMBER OF SIGNIFICANT NON-UNDERLYING ITEMS IN 2017, WHICH HAVE NOT RECURRED IN 2018

* SAYS BOARD RECOMMENDS A 24.0P INTERIM DIVIDEND FOR 2018 (2017: 22.0P)

* SAYS TOTAL FUNDS UNDER MANAGEMENT AT 30 JUNE 2018 WERE £39.9 BILLION, UP 2.0%

* SAYS TOTAL NET ORGANIC AND ACQUIRED GROWTH IN FUNDS MANAGED BY INVESTMENT MANAGEMENT WAS £0.5 BILLION IN FIRST SIX MONTHS OF 2018, REPRESENTING A NET ANNUAL GROWTH RATE OF 2.5%

* SAYS FUNDS UNDER MANAGEMENT IN UNIT TRUSTS WERE £5.8 BILLION AT 30 JUNE 2018 Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

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