UK's Aberdeen Group H1 adjusted operating profit rises

Aberdeen

29/07/2026 07:13

Overview
UK wealth and investment manager's H1 adjusted operating profit rose 21% on revenue growth, efficiency
Adjusted diluted EPS for H1 increased to 8.2p from 7.5p
Company maintained interim dividend at 7.3p per share

Outlook
Aberdeen Group targets FY 2026 adjusted operating profit of at least £300m
Company expects FY 2026 net capital generation of about £300m
Aberdeen Group aims for 5-10% annual growth in net capital generation beyond 2026

Result Drivers
REVENUE GROWTH AND EFFICIENCY - Co said higher profitability was driven by revenue growth and a continued focus on efficiency, including cost reduction activity
INTERACTIVE INVESTOR MOMENTUM - Strong organic growth, record net inflows, and increased customer numbers at interactive investor drove profit growth
COST REDUCTION IN INVESTMENTS - Lower expenses in Investments segment supported profit despite slightly lower revenue

Company press release: ID:nRSc2601Oa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted EBIT
Beat
GBP 151 mln
GBP 142.54 mln (1 Analyst)
H1 Pretax Profit
 
GBP 276 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and 6 "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy."
Wall Street's median 12-month price target for Aberdeen Group PLC is GBp227.80, about 8.4% below its July 28 closing price of GBp248.60
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 13 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)