Macquarie Group Limited (ASX:MQG) has reported first half profit of $678 million which is a 35 per cent improvement on the same period last year.
The company says the profit figure for the 6 months to September 30 represents a dip of 11 per cent on the second half of 2014.
CEO Nicholas Moore says the group remains well positioned, with a strong and diverse global platform and specialist skills across a range of products and asset classes.
The company says its full year result should be an improvement on last year but warns on the volatility of market conditions.
An interim dividend of $1.30 per share has been declared, which will be 40 per cent franked.
