Perpetual Limited ( (AU:PPT) ) has issued an announcement.
Perpetual Limited reported its financial results for the first half of 2025, highlighting a 2% increase in underlying profit after tax to A$100.5 million, driven by growth in asset management and wealth management sectors. Despite a decline in statutory net profit due to impairments and strategic review costs, the company declared an interim dividend of A$0.61 per share and announced a simplification program aimed at reducing costs by A$70-80 million annually by FY27.
More about Perpetual Limited
Perpetual Limited operates in the financial services industry, focusing on asset management, wealth management, and corporate trust services. The company manages a significant portfolio with assets under management reaching A$230.2 billion and funds under administration totaling A$1.25 trillion.
YTD Price Performance: 19.66%
Average Trading Volume: 191
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €1.6B
For an in-depth examination of PPT stock, go to TipRanks’ Stock Analysis page.