Macquarie posts 5% FY NPAT increase | Australian Markets
Macquarie Group has posted a stable if uninspiring 5% increase in full-year internet revenue after tax to $3,715 million noting that revenue for the half-year ended 31 March was up 30% over the prior corresponding period.
Commenting on the consequence, Macquarie managing director and chief government, Shemara Wikramanayake mentioned that it had been achieved in opposition to a backdrop of ongoing market and financial uncertainty.
“Macquarie’s client franchises remained resilient over the past year, delivering new business origination and underlying income growth, contributing to our history of unbroken profitability,” she mentioned.
The consequence noticed the administrators declare a last strange dividend of $3.90 per share 35% franked.
Macquarie Asset Management represented the numerous contributor to the consequence, delivering a 33% increase in its internet revenue contribution of $1,380 million, whereas the group’s Commodities and Global Markets division noticed an 12% decline to $2,829 million whereas Macquarie Capital held regular, delivering a internet revenue contribution of $1,043 million.
Looking over the horizon, the group mentioned that it continued to keep up a cautious stance, with a conservative method to capital, funding and liquidity.
It famous on the high of components which may affect Macquarie’s short-term define market situations together with international financial situations, inflation and rates of interest, vital volatility occasions and the influence of geopolitical occasions.
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