Polar Capital Holdings (GB:POLR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Polar Capital Holdings PLC reported a robust financial year with Assets under Management (AuM) increasing by 14% to £21.9bn, and further growth to £22.8bn as of mid-June 2024. Despite a slight decline in core operating profit, profit before tax surged by 21%, and the company maintained a total dividend per share at 46.0p. The firm also expressed optimism for the future, highlighting strong performance across most funds and continuing strategic expansion, including establishing a new office in Stockholm and enhancing their US presence.
For further insights into GB:POLR stock, check out TipRanks’ Stock Analysis page.
