IntegraFin Holdings plc (LON:IHP) today reported its results for the year to 30 September 2018.
Highlights
· Funds under direction £33.11bn (+18.6%)
· Gross inflows of £5.96bn in the year (+12.4%)
· Profit after tax of £32.9m (+10.1%)
Ian Taylor, Integrafin Chief Executive Officer, commented:
“Following a good performance in 2017, the year to 30 September 2018 was again, by many measures, our most successful so far. It was a year in which we made strides forward as a service to our clients and as an asset to our shareholders.
Gross inflows of £5.96 billion were 12.4% higher than last year and the highest they have ever been. At £4.09 billion, net inflows were also 11.7% higher than last year and also the highest they have ever been. I am pleased to report that profit after tax increased by 10.1% to £32.9 million before adjustment for IPO costs and by 15.3% to £35.5 million after adjustment.
The Board is recommending an interim dividend of 6.4 pence per ordinary share (2017: 5.9 pence per ordinary share) payable on 18 January 2019 to ordinary shareholders on the register on 21 December 2018. The ex-dividend date will be 20 December 2018. A pre-IPO special dividend was paid to shareholders in January 2018 of 3.4 pence per ordinary share.”
|
|
Year ended 30 September 2018 |
Year ended 30 September 2017 |
|
|
£m |
£m |
|
Fee generating funds under direction |
33,113 |
27,927 |
|
Revenue |
91.2 |
80.2 |
|
Profit before tax attributable to shareholder returns |
40.9 |
37.0 |
|
Basic and diluted earnings per share |
9.9p |
9.0p |
|
Adjusted operating profit* |
43.3 |
37.7 |
|
Adjusted operating profit margin |
47.5% |
47.0% |
|
Adjusted basic and diluted earnings per share |
10.7p |
9.3p |
*Adjusted for non-recurring IPO costs, detailed in Chief Financial Officer’s Review
