Taaleri Q3 Operating Profit Up At EUR 18.5 Mln

November 04, 2022 05:08 PM AEDT | By Reuters
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Nov 4 (Reuters) - Taaleri Oyj:

* Q3 OPERATING PROFIT MORE THAN TRIPLED AND WAS EUR 18.5 (4.9) MILLION, CORRESPONDING TO 68.6% OF INCOME

* Q3 PRIVATE ASSET MANAGEMENT SEGMENT'S CONTINUING EARNINGS GREW BY 10.1% TO EUR 5.3 (4.8) MILLION

* Q3 INCOME MORE THAN DOUBLED TO EUR 26.9 (12.3) MILLION AS A RESULT OF PERFORMANCE FEES AND NET INCOME FROM INVESTMENT OPERATIONS

* DOES NOT PUBLISH A SHORT-TERM OUTLOOK

* LONG-TERM TARGETS INCLUDE CONTINUING EARNINGS GROWTH AT LEAST 15%, OPERATING PROFIT AT LEAST 25% OF INCOME, RETURN ON EQUITY AT LEAST 15% Source text for Eikon: Further company coverage: (Gdansk Newsroom)


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