tiprankstipranks
Quilter Reports Strong Growth and Efficiency Gains
Company Announcements

Quilter Reports Strong Growth and Efficiency Gains

Quilter (GB:QLT) has released an update.

Don't Miss our Black Friday Offers:

Quilter plc has reported a robust first half in 2024, with a 164% surge in core net inflows reaching £1.7 billion, and a 28% jump in adjusted profits to £97 million. The company’s Assets under Management and Administration grew by 7% to £113.8 billion, buoyed by positive market movements and strong inflows. With a focus on efficiency and performance, Quilter’s operating margin has improved to 29%, and they have already achieved £26 million of their targeted £50 million in cost savings.

For further insights into GB:QLT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskQuilter PLC Shareholder Influence Shifts
TipRanks UK Auto-Generated NewsdeskQuilter PLC Clarifies Political Donations Resolution
TheFlyQuilter initiated with a Buy at Jefferies
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App