Perpetual Limited
(ASX:PPT) has generated a full year net profit of $61 million, a 128 per cent lift on last year’s result.
In the year to June 30, revenue was $361.6 million, a one per cent lift on year.
The result was boosted by the first year of realised cost savings under its Transformation 2015 strategy.
Perpetual CEO Geoff Lloyd says despite improving market conditions and good progress with the group's transformation program, there is a considerable amount of work to be done to realise its potential in the market.
The group will pay a fully-franked final dividend of 80 cents per share.
