Digital Investments And Global Expansion Will Streamline Operations

The consensus price target for Perpetual has increased, primarily reflecting stronger forecasts for revenue growth and a notable improvement in net profit margin, with fair value rising from A$20.76 to A$21.72. What's in the News Perpetual expects to recognize a non-cash impairment charge of approximately $153.7 million for FY25, mainly due to goodwill and customer contract write-downs at the J O Hambro Asset Management business, following significant net outflows in key strategies.