Pre-tax profit decreased by 42% to CHF34m for H1 16 compared to H1 15. Operating income was down by 3% to CHF342m for H1 16. Operating expenses rose by 1% to CHF299m in H1 16. The tax ratio was 23% in H1 16 compared to 13% for H1 15. The net result attributable to ordinary shareholders declined by 54% to CHF22.3m for H1 16 compared to H1 15. Assets under Management were down by 3% to CHF80.6bn at the end of H1 16 compared to the end of 2015. Net new money was an outflow of CHF0.1bn for H1 16
27 Jul 2016
Weak H1 16 figures
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Weak H1 16 figures
EFG International AG (0QJX:LON) | 634 0 0.0% | Mkt Cap: 1,981m
- Published:
27 Jul 2016 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit decreased by 42% to CHF34m for H1 16 compared to H1 15. Operating income was down by 3% to CHF342m for H1 16. Operating expenses rose by 1% to CHF299m in H1 16. The tax ratio was 23% in H1 16 compared to 13% for H1 15. The net result attributable to ordinary shareholders declined by 54% to CHF22.3m for H1 16 compared to H1 15. Assets under Management were down by 3% to CHF80.6bn at the end of H1 16 compared to the end of 2015. Net new money was an outflow of CHF0.1bn for H1 16