Today news
About the same in other media
Jupiter fails to stem retail outflows but shares jump on surprise profit boost
Reading now: 681
According to its full year results published this morning (22 February), the firm delivered a 36% uptick to year-on-year underlying profit before tax, to £105.2m, although statutory profit before tax came in 84% below 2022's figure, following a £76.2m impairment on goodwill. The firm explained the impairment test found the value in use of its 2007 Knightsbridge Asset Management and 2020 Merian acquisitions fell below the carrying value, leading to the recognised impairment charge. Jupiter suffers higher than anticipated outflows of £2.2bn This was largely attributed to lower demand...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Boeing is reportedly in talks to buy Spirit AeroSystems abcnews.go.com /8 months ago
Merger effect! Suven Pharma shares jump 15% in 2 days economictimes.indiatimes.com /8 months ago
Boeing confirms it's in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max economictimes.indiatimes.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
