Brooks Macdonald (GB:BRK) has released an update.
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Brooks Macdonald has reported an increase in funds under management to £18.0 billion and a 12.5% rise in underlying profit before tax, along with a strategic focus on client service to drive growth. The company is also streamlining its operations, selling its international business for up to £50.85 million, and has appointed a new CFO to guide future successes. Despite market challenges, the firm has achieved its nineteenth consecutive annual dividend increase and is setting medium-term growth targets.
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