Enterprise: Aberdeen Is Hoping to Ride Market Wave

Birmingham PostMay 05, 2004

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Summary


Investment group Aberdeen Asset Management is looking to ride the upturn in world markets after posting virtually flat interim profits.

The group yesterday came in with a pre-tax profit for the six months to March 31 of pounds 5.5 million compared with headline earnings of pounds 41.9 million in the same period last year.

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Extract


Enterprise: Aberdeen Is Hoping to Ride Market Wave

Goodwill amortisation and exceptional items however produced a bottom line loss of pounds 9.6 million compared with a same-basis profit of p...

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