Man Group plc (MNGPF.PK), an alternative investment management firm, Thursday reported profit before tax of $398 million for the full year, higher than $279 million in the previous year, primarily helped by growth in revenue.
Additionally, the company said it seeks to buy back up to $100 million of shares.
Excluding one-time items, core profit before tax rose 39 percent to $473 million from $340 million last year.
Net profit increased to $298 million or 25.1 cents per share from $234 million or 19.4 cents per share a year ago.
Core EPS was 32.1, 43 percent higher than 22.4 last year.
Revenue for the year grew to $1.434 billion from $1.168 billion in the prior year. Core net revenue increased to $1.459 billion from $1.196 billion last year.
Assets under management or AUM as on December 31, 2024 was $168.6 billion, up from $167.5 billion a year ago.
The Board has proposed a final dividend of 11.6 cents per share, payable on May 21, to shareholders of record on April 11.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.