Quilter (GB:QLT) 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
Quilter plc has reported a robust first half in 2024, with a 164% surge in core net inflows reaching £1.7 billion, and a 28% jump in adjusted profits to £97 million. The company’s Assets under Management and Administration grew by 7% to £113.8 billion, buoyed by positive market movements and strong inflows. With a focus on efficiency and performance, Quilter’s operating margin has improved to 29%, and they have already achieved £26 million of their targeted £50 million in cost savings.
For further insights into GB:QLT stock, check out TipRanks’ Stock Analysis page.
