I listened in and the business is moving along satisfactorily. Management seems confident inflows will strengthen and improve from last year, particulately from newly onboarded Financial Planners in SA. The laser focus on driving profitability remains as present as ever.
There's no outlook or earnings forecast except to say average FUMAA are on track to exceed PCP which could be expected to flow through to higher revenues. Hopefully operating margin jaws can resume an upward trajectory having recently stalled with stumbling equity markets and the PC acquisition (extra staff costs etc).
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8.650 | 1000 | 1 |
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