AllFunds jumps after earnings beat, buyback

Allfunds

04/03/2025 10:35

** Amsterdam-listed shares in AllFunds ALLFG.AS rise around 5% to December highs after UK-based fund manager posted 2024 revenue and earnings beat, and announced a 250 million euro share buyback

** "Top line beat was driven by stronger net platform and subscription revenues vs expectations," BofA Global Research says in a note

** If gains hold, shares will see their best day since end-November

 (Reporting by Anna Peverieri)

 ((Anna.peverieri@thomsonreuters.com))