Henderson sees profits up in 2011
Henderson, the FTSE 250 investment management company, says underlying pre-tax profits for the year ending 31 December will be between £155m and £159m. This compares to the previous year's figure of £100.7m.
Henderson, the FTSE 250 investment management company, says underlying pre-tax profits for the year ending 31 December will be between £155m and £159m. This compares to the previous year's figure of £100.7m.
The group currently expects performance fees will be approximately £11 million in the second half 2011. Total performance fees for 2010 were £42.8m.
Henderson will not release full results until 29 February but had to issue today's announcement to comply with Australian Stock Exchange rules.
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At 8:33 in London the stock was flat at 102.8p. Over the year to date Henderson is down 24%
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