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Rathbone Brothers Reports Rise In Q1 Net Operating Income - Quick Facts

Rathbone Brothers Plc (RAT.L) Thursday released the Interim Management Statement for the period from 1st January 2012 till date, stating that net operating income for the first quarter ended 31 March 2012 rose 11.7 percent to 40.1 million pounds from 35.9 million pounds reported for the corresponding period last year.

The independent provider of personalized investment and wealth management services stated that net operating income in Investment Management increased 11.8 percent year-over-year during the first quarter to 37.9 million pounds from 33.9 million pounds reported for the first quarter of 2011.

The company added that net interest income for the first quarter of 2012 increased 13 percent to 2.6 million pounds from 2.3 million pounds reported for the corresponding quarter last year.

by RTT Staff Writer

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