Stock Analysis
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- LSE:N91
Ninety One Group Full Year 2024 Earnings: Revenues In Line With Expectations
Ninety One Group (LON:N91) Full Year 2024 Results
Key Financial Results
- Revenue: UK£588.5m (down 6.2% from FY 2023).
- Net income: UK£163.9m (flat on FY 2023).
- Profit margin: 28% (up from 26% in FY 2023). The increase in margin was driven by lower expenses.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ninety One Group Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Capital Markets industry in the United Kingdom.
Performance of the British Capital Markets industry.
The company's shares are down 8.0% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Ninety One Group (1 is a bit unpleasant!) that you should be aware of.
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Find out whether Ninety One Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About LSE:N91
Ninety One Group
Operates as an independent global asset manager worldwide.
Flawless balance sheet with solid track record and pays a dividend.