Schroders shares smash two-year high after surge in new business
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4 Articles
Schroders shares smash two-year high after surge in new business
Wealth manager Schroders notched a two-year high on its stock price on Thursday morning after an influx of new business led to a major uptick in management fees. The FTSE 100 asset manager told markets it was expecting full-year operating profit to come in at £745m, up from £603m from the year prior. Shares rose nine per cent on the news to 453.40p. Schroders eyed net income for the year at £2.6bn, up from £2.4bn the year prior, after management…
Schroders Plc Reports Strong FY25 Trading Update With Higher Profit And AUM
Schroders plc (LON:SDR) annual results for 2025 are expected to be ahead of market expectations on adjusted operating profit. The Company is providing an update on the key metrics underpinning this result, together with preliminary results for assets under management (AUM) and net new business (NNB). The information in this release is unaudited and based on preliminary year-end reporting processes only and may therefore be subject to change. Adj…
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