News releases

Half Year Results 2016 - Press Release

28/07/2016

Half-year results to 30 June 2016

  • Profit before tax £282.3 million (H1 2015: £290.3 million)
  • Profit before tax and exceptional items* £293.7 million (H1 2015: £305.7 million)
  • Net inflows £0.7 billion (H1 2015: £8.8 billion)
  • Assets under management £343.8 billion (30 June 2015: £309.9 billion)
  • Interim dividend 29.0 pence per share (interim dividend 2015: 29.0 pence per share) 
 Six months ended
30 June 2016
£m
Six months ended
30 June 2015
£m
Year ended
31 December 2015
£m

Profit before tax 

                  Asset Management

                  Wealth Management

                  Group segment

 

249.1

28.4

4.8

 

265.0

26.0

(0.7)

 

528.4

60.5

0.1

Profit before tax 282.3 290.3 598.0
Profit before tax and exceptional items* 293.7 305.7 609.7
Earnings per share (pence) 81.1 84.0 171.1
Earnings per share before exceptional items (pence) 84.5 88.5 176.9
Dividend (pence)** 29.0 29.0 87.0

 

Peter Harrison, Group Chief Executive, commented: “We have delivered good results in the first half of 2016. Assets under management reached a record level of £343.8 billion.

There was heightened market volatility throughout the period, particularly towards the end of June, following the result of the referendum on the UK’s membership of the European Union. We expect the current market environment to persist and this may have an impact on investor demand. Our diversified business model continues to perform well and we are well placed to create value for our clients and our shareholders over the long term.”

For further information please contact:

Investors

Alex James, Investor Relations
+44 (0) 20 7658 4308
alex.james@schroders.com

Press

Beth Saint, Head of Communications
+44 (0) 20 7658 6168
beth.saint@schroders.com

Anita Scott, Brunswick
+44 (0) 20 7404 5959
schroders@brunswickgroup.com

* See notes 2 and 3 for further details and a definition of exceptional items.
** Interim and, where relevant, final dividend for the year.

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Half Year Results 2016 - Press Release 24 pages | 235 kb

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