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STJ St James's Place Plc

Discussion in 'General Share Chat' started by Mongoose82, Jul 19, 2016.

  1. Mongoose82

    Mongoose82 A Legendary Member

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    "St James’s Place will report its H1 2016 Results on Wednesday 27th July. We are forecasting Gross inflows of £4.9bn, FUM at £65.1bn (31 Dec 2015: £58.6bn) EEV Operating profit at £308.3m (+6.6%) and Underlying IFRS pre-tax profit at £89.4m (+22.6%). We also anticipate an underlying cash result of £91.9m (+8.2%) helping drive an increase in the dividend of 12% to 12.0p per share. Naturally we would expect considerable focus on the outlook statement post Brexit but we suspect that it will still be too soon for the company to talk meaningfully about its likely impact."

    Panmure update: Https://www.research-tree.com/Company/GB0007669376
     

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