Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

665.50p
   
  • Change Today:
      21.50p
  • 52 Week High: 1,022.00
  • 52 Week Low: 523.50
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 401,943
  • Market Cap: £432.14m
  • RiskGrade: 183

Liontrust pre-tax profits impacted by acquisition costs

By Iain Gilbert

Date: Wednesday 25 Nov 2020

LONDON (ShareCast) - (Sharecast News) - Asset management company Liontrust's adjusted pre-tax profits grew in the six months ended 30 September but the group also incurred considerable costs linked to recent acquisitions.
Adjusted pre-tax profits increased 31% during the half to £22.3m, while straight pre-tax profits slumped 26% to £6.9m as a £15.4m bill relating to acquisition and restructuring costs weighed on the group. Gross profits were £63.0m, up 37% year-on-year.

The FTSE 250-listed group saw assets under management and advice increase 28% over the half to £20.6bn, with its acquisition of the Architas UK Investment Business adding £5.6bn.

Net inflows for the period were £1.74bn, an increase of 28% compared to the same period a year earlier.

Chief executive John Ions said on Wednesday: "It has been a challenging period for everyone. Covid-19 continues to affect all parts of the economic and social fabric of the country and its effects will be felt for many years to come.

"I have said before that the asset management industry has a vital role to play in this recovery, from the provision of capital that enables companies and the economy to grow to the equally important role as guardians of people's savings to enable them to lead a better future."

As of 0920 GMT, Liontrust shares were down 1.88% at 1,412.93p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LIO Market Data

Currency UK Pounds
Share Price 665.50p
Change Today 21.50p
% Change 3.34 %
52 Week High 1,022.00
52 Week Low 523.50
Volume 401,943
Shares Issued 64.94m
Market Cap £432.14m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.68% above the market average59.68% above the market average59.68% above the market average59.68% above the market average59.68% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
30.74% below the market average30.74% below the market average30.74% below the market average30.74% below the market average30.74% below the market average
31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average
Income
88.64% above the market average88.64% above the market average88.64% above the market average88.64% above the market average88.64% above the market average
84.85% above the sector average84.85% above the sector average84.85% above the sector average84.85% above the sector average84.85% above the sector average
Growth
83.40% above the market average83.40% above the market average83.40% above the market average83.40% above the market average83.40% above the market average
83.18% above the sector average83.18% above the sector average83.18% above the sector average83.18% above the sector average83.18% above the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LIO Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 23-Nov-23 29-Jun-23
Paid 05-Jan-24 04-Aug-23
Amount 22.00p 50.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:11 103 @ 665.50p
16:11 133 @ 665.50p
16:11 143 @ 665.50p
16:11 2 @ 665.50p
16:07 22 @ 665.00p

LIO Key Personnel

CEO John Stephen Ions

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