Interim Results to 30 June 2007
Click here to view the full press release in PDF format. ![]()
Released: 09/08/2007
Profit before tax up 40 per cent.
- Group profit before tax £185.6 million (H1 2006: £132.3 million)
- Asset Management profit before tax £123.2 million (H1 2006: £96.8 million)
- Private Banking profit before tax £15.9 million (H1 2006: £11.2 million)
- Private Equity profit before tax £36.2 million (H1 2006: £17.7 million)
- Funds under management £137.6 billion (31 December 2006: £128.5 billion)
- Interim dividend 9.0 pence per share (interim dividend 2006: 7.5 pence per share)
| Six months ended 30 June 2007 (unaudited) £mn |
Six months ended 30 June 2006 (unaudited) £mn |
Year ended 31 December 2006 £mn | |
| Asset Management profit | 123.2 | 96.8 | 219.0 |
| Private Banking profit | 15.9 | 11.2 | 26.9 |
| Private Equity profit | 36.2 | 17.7 | 34.6 |
| Group | 10.3 | 6.6 | 9.5 |
| Profit before tax | 185.6 | 132.3 | 290.0 |
Contacts: Schroders
| Michael Dobson | Chief Executive | +44 (0) 20 7658 6962 |
| Stephen Brooks | Chief Financial Officer | +44 (0) 20 7658 6600 |
| Henrietta Jowitt | Head of Marketing and Communications | +44 (0) 20 7658 6166 |
| William Clutterbuck | The Maitland Consultancy | +44 (0) 20 7379 5151 |
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