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DWS Group H1 Net Income Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Asset management company DWS Group (DWS.F) on Wednesday reported that its net income for the first half grew by 9 percent to 308 million euros, while adjusted profit before tax rose by 3 percent to 480 million euros.

For the half year, adjusted revenues increased 4 percent to 1.33 billion euros, primarily due to higher management fees and supported by higher other
revenues.

Looking ahead, DWS said, it now expects adjusted revenues to be slightly higher in 2024 compared to the previous year, adjusted pre-tax profit and earnings per share to be higher.

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