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Insider UK
Insider UK
Business
Peter A Walker

Stephen Bird hails turnaround results during 'reset year' at abrdn

Abrdn has reported profit before tax of £1.15bn, primarily reflecting the recognition of the full market value of a residual stake in HDFC Asset Management and gains on sale of the circa 5% stake in September.

Its full-year results for 2021 also showed fee based revenue 6% higher year-on-year, with adjusted operating profit 47% higher.

This meant a full year dividend of 14.6 pence, in line with existing policy.

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