# Hargreaves Lansdown Plc  another year of strong growth

- Link: https://www.directorstalkinterviews.com/hargreaves-lansdown-plc-another-year-strong-growth/412756356
- Published: 2018-08-07T07:32:51+01:00
- Author: Charlotte Edwards

**[Hargreaves Lansdown plc](https://www.directorstalkinterviews.com/ftse-company/hargreaves-lansdown-plc-lon/hl.l)**(
LON:HL.), today announced the results for the year ended 30 June 2018.

**Highlights:**

· Net new business of £7.6 billion

· Strong growth in Assets Under Administration, up 16% to £91.6 billion

· 1,091,000 active clients, an increase of 137,000 in the year

· Profit before tax increase of 10% to £292.4 million

· Total dividend up 38% at 40.0 pence per share

  |

 |

              Year to

    30 June 2018

  |

              Year to

    30 June 2017

  |

Change %

  |  
 |

Net new business inflows

  |

£7.6bn

  |

£6.9bn

  |

+10%

  |  
 |

Total assets under administration

  |

£91.6bn

  |

£79.2bn

  |

+16%

  |  
 |

Net revenue*

  |

£447.5m

  |

£385.6m

  |

+16%

  |  
 |

Profit before tax

  |

£292.4m

  |

£265.8m

  |

+10%

  |  
 |

Diluted earnings per share

  |

49.6p

  |

44.6p

  |

+11%

  |  
 |

Ordinary dividend per share

  |

32.2p

  |

29.0p

  |

+11%

  |  
 |

Total dividend per share

  |

40.0p

  |

29.0p

  |

+38%

  |

 

> **Hargreaves Lansdown, Chris Hill, Chief Executive Officer, commented:**
> “We have had another year of strong growth, in client numbers, net new business,
> market share and profits, driven by our continued commitment to provide excellent
> levels of service.  Our continued investment into our people, technology and marketing
> helps our clients to engage with their savings and investments.  This provides
> them with the knowledge and confidence to make decisions and our range of solutions
> makes it easy for them to act.  We have a huge responsibility to help more than
> a million clients at a time when they have never needed our help more, and we 
> are uniquely well positioned to provide them with the solutions they need.
> I am pleased we have been able do all of this whilst also reinstating a special
> dividend to shareholders, resulting in a 38% increase in the final dividend.”

About us:

Hargreaves Lansdown is the UK’s largest direct to investor investment service administering
£91.6 billion of investments for over 1,090,000 clients. Our purpose is to empower
people to save and invest with confidence. We aim to provide a lifelong, secure 
home for people’s savings and investments that offers great value, an incredible
service and makes their financial life easy.

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