Managed Accounts Holdings Limited
(ASX:MGP) is pleased to announce it has exceeded its profit prospectus forecast for the year ended 30 June 2014.
Highlights
a) Funds Under Administration (‘FUA’) and Adjusted Net Profit Before Tax ('NPBT') as at 30 June 2014 exceeded target forecasts set in the Prospectus;
b) Strong cash position of over $6.4 million;
c) The Board of MGP expects to exceed its 2015 FUA forecast of $1.562bn assuming normal market conditions.
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