LONDON, Sept 6 Ashmore Group posted
forecast-beating full-year profits on Tuesday, buoyed by a
recovery in market performance and investor sentiment towards
The firm said pretax profit fell 8 percent in the year to
end-June to 167.5 million pounds ($223 million), although this
beat a mean consensus forecast of 142.8 million pounds, Thomson
Reuters data showed.
Revenues over the period were down 18 percent to 232.5
million pounds, broadly in line with a company supplied
consensus forecast of 13 analysts for 230 million pounds.
As a result, the company said diluted earnings per share
were down 7 percent to 18.1 pence a share, above a company
supplied consensus for 15.2 pence a share.
Ashmore said it would pay a final dividend per share of 12.1
pence, taking its total dividend for the year to 16.65 pence a
($1 = 0.7508 pounds)
(Reporting by Simon Jessop)