PMI Half Year Results 22 May 202022 May 2020 09:14
PREMIER MITON GROUP PLC
HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2020
Premier Miton Group plc ('Premier Miton', 'Company' or 'Group'), the AIM quoted fund management group, today announces its half year results for the six months ended 31 March 2020 (the 'Period').
Highlights
· £9,145 million closing AuM versus £6,793 million at 31 March 2019
· £9,925 million closing AuM as at 30 April 2020
· Net outflows of £389 million in the Period
· Eight funds at Period end each with AuM greater than £300 million
· Adjusted profit before tax of £12.2 million (2019 half year: £9.3 million)
· Half year cash balances totalled £29.3 million (30 September 2019: £20.7 million)