Aberdeen Asset Management increases its 2015 interim dividend by 11%

DividendMax Ltd.

Aberdeen Asset Management increases its 2015 interim dividend by 11%

Highlights

Revenue £605.2 million (+20%)

Underlying profit before tax £270.2 million (+25%)

Operating margin rises to 44.7 % (2014: 43.0%)

Underlying earnings per share 16.2p (+13%)

Dividend per share 7.5p (+11%)

AuM £330.6 billion

Martin Gilbert, Chief Executive of Aberdeen Asset Management, commented:

"I am pleased to report that the Group has increased its underlying profits by 25% as we benefited from the diversifying effects of the acquisition of Scottish Widows Investment Partnership, which we completed a year ago. We remain strongly cash generative and we again increased our dividend, whilst also adding to our regulatory capital headroom.


"Gross new business inflows have continued to grow. However, they have been offset by outflows, which reflect changes in asset allocation driven by macro-economic factors and some structural outflows from certain clients. Despite these headwinds we are well positioned for the long term: financially strong, with a global distribution platform and a diversified range of capabilities and solutions for the evolving investment environment. Our absolute priority, as always, remains delivering for our clients."

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