IOOF Holdings Limited
(ASX:IFL) has delivered a healthy 37 per cent increase in statutory net profit up to $138 million.
Managing Director Chistopher Kelaher says its a strong result with the acquisition of Shadforth being immediately accretive.
The financial services company saw a record net fund inflow of $1.7 billion up 19 per cent on last year.
A fully franked final dividend of $0.28 per share will be paid bringing the total payout to $0.53.
Looking forward Mr Kelaher says industry fundamentals remain positive with strength in superannuation aided by an ageing population requiring investment advice.
