Rathbones Group PLC (GB:RAT) has released an update.
Rathbones Group PLC has reported a robust first half of 2024, with funds under management and administration climbing to £108.9 billion, marking a 3.4% increase. Their underlying profit before tax surged by 120.7% to £112.1 million, buoyed by successful integration and digital transformation initiatives, including the InvestCloud CLM platform launch. The firm has also declared a 3.4% hike in interim dividends, reinforcing their financial strength and positive outlook for continued growth.
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