Azimut lifts 9 month profit, hikes 2025 guidance
06/11/2025 13:56
Nov 6 (Reuters) - Italian asset manager Azimut Holding AZMT.MI posted on Thursday a 17% rise in its recurring net profit for the first nine months of 2025, and raised its full year guidance. The group said that it expects its 2025 core net profit to be above 500 million euros ($583 million) compared with its previous forecast of 400 million euros. It expects its net profit for 2026 to be above 1 billion euros. ($1 = 0.8575 euros) (Reporting by Mirko Miorelli) ((Mirko.Miorelli@thomsonreuters.com;))