Rathbones Group Expects To Meet Underlying Operating Margin Target Of 28.7% In Q4

By Reuters News

Oct 22 (Reuters) - Rathbones Group PLC RAT.L:

  • RATHBONES GROUP PLC - THIRD QUARTER TRADING UPDATE

  • RATHBONES GROUP - Q3 OPERATING INCOME £243.60 MILLION, UP 3.0%; 9-MONTH OPERATING INCOME £731.10 MILLION, UP 6.7%

  • RATHBONES GROUP: FUNDS UNDER MANAGEMENT AND ADMINISTRATION (FUMA) INCREASED 7.2% YEAR ON YEAR TO £121.1 BILLION AT 30 SEPTEMBER 2026

  • RATHBONES GROUP - EXPECTS TO MEET UNDERLYING OPERATING MARGIN TARGET OF 28.7% IN Q4

  • RATHBONES GROUP - ESTIMATES COST OF REGULATORY PROGRAMME AT £60 MILLION NET THROUGH MID-2028

  • RATHBONES GROUP: EXPECT TO BEGIN PROGRESSIVELY LIFTING RESTRICTIONS FOR EXISTING EDD CLIENTS IN Q4

  • RATHBONES: BY YEAR END EXPECT TO REVIEWED RESTRICTED EDD CLIENTS REPRESENTING ABOUT TWO THIRDS OF AFFECTED FUMA, REMAINDER COMPLETED BY EARLY Q2 2027

  • RATHBONES GROUP: VISION RECEIVED A REQUIREMENT NOTICE FROM FCA UNDER SECTION 166

  • RATHBONES GROUP - VISION RUN-RATE PRE-TAX PROFITABILITY EXPECTED TO REDUCE BY £4 MILLION FROM 2027

Further company coverage: RAT.L

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