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Wealth management firm Quilter reports a £196 million adjusted pretax profit for 2024, despite a £60 million loss.
Wealth management firm Quilter reported a significant increase in adjusted pretax profit to £196 million in 2024, up from £167 million in 2023, despite a reported pretax loss of £60 million due to higher expenses.
Assets under management rose 12% to £119.4 billion, fueled by strong net inflows of £4.8 billion.
Quilter expects continued growth in 2025, with a projected mid- to high-single-digit profit increase and a higher dividend payout of 5.9 pence per share.
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La firma de gestión de riqueza Quilter reporta un beneficio de pretasa ajustado de £196 millones para 2024, a pesar de una pérdida de £60 millones.