Man Group Plc (EMG.L,MNGPY.PK,MNGPF.PK) posted half-year statutory pre-tax loss of $164 million, compared with a profit of $70 million last year, with adjusted pre-tax profit on continuing operations falling to $121 million from $231 million a year before.
Statutory loss for the period attributable to owners of the parent was $176 million, as against a profit of $60 million in 2011. Half-yearly loss per share totaled 10.6 cents, versus 2.6 cents profit in the previous year.
Adjusted earnings per share were 4.8 cents, lower than 9.8 cents in the comparable period in 2011.
Revenue for the six months slipped to $657 million from $890 million in the prior-year period.
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by RTT Staff Writer
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