Macquarie: Interim result 2015

Macquarie has announced its interim result (Macquarie has a 31 March year end) and expects to produce a full-year result slightly ahead of last year’s profit of $1.3bn. That would be a pretty good effort considering last year’s result included a $400m profit from the disposal of the Sydney Airport stake. The divisional interim numbers were a mixed bag but the net result was a $678m profit, up 35% from the same period last year. A $1.30 interim dividend was declared (ex date 12 Nov), up from $1.00, and the company has reintroduced a 1.5% discount for shares purchased through...

Macquarie has announced its interim result (Macquarie has a 31 March year end) and expects to produce a full-year result slightly ahead of last year’s profit of $1.3bn. That would be a pretty good effort considering last year’s result included a $400m profit from the disposal of the Sydney Airport stake.

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