Looks like the plan is to expand wealth margins to 40% (currently 21%). Accounting is already around 40%.
Tripling of revenue looks very ambitious imho. I think it would require a reversal in loss of ARs and a lot of inorganic growth.
I thought the numbers out of wealth were a bit disappointing. I had high hopes after strong results from others in the same space.
Early days yet for Paragem and the new MD. Will be interesting to see how we go in the next year or so.
Accounting ticking along nicely.
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Looks like the plan is to expand wealth margins to 40%...
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