News: Perpetual shares rise on H1 forecast

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    Shares in Perpetual Limited (ASX:PPT) rose yesterday after the fund manager forecast a rise in underlying profit and a fall in net profit for the first half of the 2012 financial year.



    First half underlying profit is expected to come in at $34.7 million, above the company’s previous guidance and market consensus.

     

    First half net profit is expected to come in at $22.9 million, largely due to restructuring costs.



    The final results and dividend announcement are expected next Thursday February 23, 2012.



    Shares in Perpetual closed 7.16 per cent higher yesterday at $23.21.



    In the 2011 financial year Perpetual’s net profit fell 31 per cent to $62.4 million.


 
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(20min delay)
Last
$19.20
Change
-0.280(1.44%)
Mkt cap ! $2.206B
Open High Low Value Volume
$19.52 $19.52 $19.17 $1.110M 57.48K

Buyers (Bids)

No. Vol. Price($)
1 19 $19.19
 

Sellers (Offers)

Price($) Vol. No.
$19.21 384 6
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Last trade - 13.36pm 17/09/2025 (20 minute delay) ?
PPT (ASX) Chart
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