Mandatum plc’s half-year financial report 1 January–30 June 2024: Strong earnings growth continued, assets under management increased to EUR 13 billion
Mandatum plc, Stock exchange release, 13 August 2024 at 10.30 a.m. EEST April–June 2024 in brief · Profit before taxes increased by 57% to EUR 75.8 (4–6/2023: 48.2) million. All result areas contributed to the growth. · Fee result increased by 18% to EUR 14.7 (12.4) million due to the good development in Institutional & Wealth management. · Net flow increased by 48% to EUR 231.9 (157.0) million. · Client assets under management increased by 16% from the previous year and amounted to EUR 13.0 (30 Jun 2023: 11.2) billion. · Net finance result was EUR 55.1 (43.1) million.