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Close Brothers Annual Profit Rises

24th Sep 2013 06:17

LONDON (Alliance News) - UK-based specialist financial services company Close Brothers Group Plc's (CBG.L) full-year operating pre-tax profit climbed to 163.1 million pounds, from 134.9 million pounds reported a year back. Also, the group delivered profit attributable to shareholders of 119.4 million pounds this year, up 20%, compared with 99.7 million pounds in the 2012 period.

During the recent year, operating profit before exceptional income and amortisation of intangible assets on acquisition stood at 166.5 million pounds.

On a per share basis, full-year earnings amounted to 80.2 pence, an increase from the prior-year figure of 67.5 pence, and adjusted earnings per share were 81.7 pence, higher than last year's 66.3 pence.

Further, the board is recommending a 2.0 pence increase in the final dividend to 29.5 pence per share. This results in an annual dividend per share of 44.5 pence, up by 7%.

Copyright RTT News/dpa-AFX


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