Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

657.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 855.00
  • 52 Week Low: 523.50
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 131,025
  • Market Cap: £426.63m
  • RiskGrade: 183

Liontrust profits set to beat expectations

By Abigail Townsend

Date: Wednesday 19 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Liontrust Asset Management said on Wednesday that annual profits were on course to come in ahead of expectations, despite a "challenging" year for the industry.
Updating on trading for the year to 31 March, the fund management group said net outflows were £4.8m, compared to £2.5m a year previously, while assets under management and advice fell 3.6% to £31.4m.

However, adjusted pre-tax profits would not be less than £86m, the FTSE 250 firm added, ahead of market forecasts. Profits were boosted by stronger-than-expected fee revenues of around £17m, compared to £12.6m a year previously.

John Ions, chief executive, said: "It has been a challenging year for Liontrust in terms of net outflows and mixed performance for our funds. But this has to be set against a backdrop of the industry in aggregate suffering UK retail net outflows in ten out of the 12 months last year.

"Despite these headwinds, Liontrust has delivered impressive financial performance.

"The business as a whole is operating well and we will continue to broaden our products and distribution channel."

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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 657.00p
Change Today -8.00p
% Change -1.20 %
52 Week High 855.00
52 Week Low 523.50
Volume 131,025
Shares Issued 64.94m
Market Cap £426.63m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average
Price Trend
1% below the market average1% below the market average1% below the market average1% below the market average1% below the market average
3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average
Income
65.74% above the market average65.74% above the market average65.74% above the market average65.74% above the market average65.74% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Growth
4.54% below the market average4.54% below the market average4.54% below the market average4.54% below the market average4.54% below the market average
2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 1
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
  2nd Interim 1st Interim
Ex-Div 04-Jul-24 23-Nov-23
Paid 09-Aug-24 05-Jan-24
Amount 50.00p 22.00p

Trades for 19-Jul-2024

Time Volume / Share Price
16:03 0 @ 655.00p
16:03 0 @ 655.00p
16:03 0 @ 655.00p
16:03 0 @ 655.00p
15:38 7 @ 653.00p

LIO Key Personnel

CEO John Stephen Ions

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