Perpetual’s NPAT increased by 2 per cent

Company News

by Rachael Jones

Financial services company Perpetual (ASX:PPT) reported their net profit after tax (NPAT) has increased 2 per cent of $140.2 million on Financial Year 2017.

Revenue from ordinary activities excluding income from structured investments rose by 4 per cent to $531.3 million.

EBITDA is down 3 per cent to $121.8 million from last year’s $125.1 million.

Perpetual Investments are investment managers, offering a broad range of investment, superannuation and retirement savings products. The business manages investments across a range of asset classes, including Australian and global equities, fixed income and multi asset strategies.

Total dividends per share for the year $2.75.

Shares in Perpetual (ASX:PPT) closed 0.6 per cent lower to $44.46 yesterday.
 

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