Investec (GB:INVP) has released an update.
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Investec Group has released its pre-close trading update, expecting a pre-provision adjusted operating profit between £520 million and £550 million, which surpasses the prior period’s £487.7 million. The firm anticipates an earnings per share range between 37.2p and 40.2p, reflecting both growth and strategic actions, amidst a backdrop of an improving economic environment and strong capital and liquidity. Investec’s performance is underpinned by revenue growth from diversified client franchises and continued investments in technology and growth opportunities.
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