Pre-tax profit decreased by 31% to CHF48m for H1 18 compared to H1 17 (restated regarding new IFRS 9). Operating income was down by 12% to CHF570m for H1 18. Operating expenses declined by 6% to CHF530m in H1 18. The tax ratio was 1% in H1 18 compared to 7% for H1 17. The net result attributable to ordinary shareholders declined by 27% to CHF46m for H1 18 compared to H1 17. Assets under Management were flat at CHF142.7bn at the end of H1 18 compared to the end of 2017. Net new money inflow was C ....
25 Jul 2018
H1 18 figures influenced by BSI integration and an insurance portfolio loss
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H1 18 figures influenced by BSI integration and an insurance portfolio loss
EFG International AG (0QJX:LON) | 634 0 0.0% | Mkt Cap: 1,981m
- Published:
25 Jul 2018 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit decreased by 31% to CHF48m for H1 18 compared to H1 17 (restated regarding new IFRS 9). Operating income was down by 12% to CHF570m for H1 18. Operating expenses declined by 6% to CHF530m in H1 18. The tax ratio was 1% in H1 18 compared to 7% for H1 17. The net result attributable to ordinary shareholders declined by 27% to CHF46m for H1 18 compared to H1 17. Assets under Management were flat at CHF142.7bn at the end of H1 18 compared to the end of 2017. Net new money inflow was C ....