Preliminary Results to 31 December 2007 (unaudited)
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(106 kb)
Released: 04/03/2008
Profit before tax up 35 per cent.
- Continued growth in higher margin business across Retail and Institutional
- Profit before tax up 35 per cent. to £392.5 million (2006: £290.0 million)
- Asset Management profit before tax £266.5 million (2006: £219.0 million)
- Private Banking profit before tax £41.3 million (2006: £26.9 million)
- Private Equity and Group profit before tax £84.7 million (2006: £44.1 million)
- Basic earnings per share up 36 per cent. to 104.8 pence (2006: 76.9 pence)
- Final dividend increased to 21.0 pence per share (final dividend 2006: 17.5 pence per share) taking the full-year dividend to 30.0 pence per share (2006: 25.0 pence per share)
- Funds under management £139.1 billion (31 December 2006: £128.5 billion)
| Year ended 31 December 2007 £mn |
Year ended 31 December 2006 £mn |
|
| Asset Management profit | 266.5 | 219.0 |
| Private Banking profit | 41.3 | 26.9 |
| Private Equity profit | 58.5 | 34.6 |
| Group profit | 26.2 | 9.5 |
| Profit before tax | 392.5 | 290 |
| Funds under management (£bn) | 139.1 | 128.5 |
| Basic earnings per share (pence) | 104.8 | 76.9 |
| Total dividend (pence) | 30.0 | 25.0 |
Contacts:
| Schroders | ||
| Emma Tovey Head of Corporate Communications | +44 (0) 207 658 2329 | emma.tovey@schroders.com |
| The Maitland Consultancy | ||
| William Clutterbuck | +44 (0) 207 379 5151 | w.clutterbuck@maitland.co.uk |
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