Janus Henderson (ASX:JHG) report net profits up 4.8% on last year

Company News

by Rachael Jones

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$38.240 $0.498 1.32%
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Last Updated: 19/02/2020 12:27 PM

Janus Henderson (ASX:JHG) reported net profits of $112 million US for the three-month period, up 4.8 per cent on the same period a year ago.

Fourth quarter 2019 operating income was US$154.3 million compared to US$143.6 million in the third quarter 2019 and US$150.0 million in the fourth quarter 2018.

The board declared quarterly dividend of US$0.36 per share and approved additional authorisation of US$200 million of buybacks through April 2021. 

Shares in Janus Henderson (ASX:JHG) closed 1.64 per cent higher at $38.54 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.