Rathbones Group PLC ( (GB:RAT) ) has issued an announcement.
Rathbones Group PLC announced its preliminary results for 2024, highlighting significant progress following its combination with IW&I. The company reported a substantial increase in operating income and profit, driven by successful synergy realization and enhanced operational efficiencies. The integration of IW&I has positioned Rathbones for future growth, with plans to complete client migrations and further improve organic growth rates. The company also announced a 6.9% increase in its dividend, reflecting its strong financial performance and confidence in its strategic direction. Rathbones remains focused on delivering sustainable value to shareholders while navigating industry challenges and geopolitical uncertainties.
More about Rathbones Group PLC
Rathbones Group PLC operates in the wealth management industry, providing investment management services and financial planning solutions. The company focuses on helping clients achieve their long-term financial goals, leveraging its strategic partnerships and extensive platform to offer tailored investment and advisory services.
YTD Price Performance: 2.89%
Average Trading Volume: 50,952
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.79B
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