UK's Liontrust FY revenue beats estimates but profit misses

Liontrust Asset Management

Today 07:14

Overview
UK fund manager's fiscal 2026 revenue rose and beat analyst expectations
Adjusted pretax profit for the year missed analyst consensus

Outlook
Liontrust AUM £21.45 bln as of June 19
Company expects River Global Holdings acquisition to complete on 30 June 2026
Company aims to pursue selective acquisitions to accelerate growth

Result Drivers
NET OUTFLOWS - Co said net outflows slowed to £4.2 bln for the year, reflecting ongoing client withdrawals but some improvement from prior year
DISTRIBUTION EXPANSION - Co cited progress in expanding its distribution internationally and broadening client types, leading to mandate wins and improved flows

Company press release: ID:nRSX4677Ja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
GBP 134.38 mln
GBP 129.10 mln (8 Analysts)
FY Net Income
 
GBP 9.60 mln
 
FY Adjusted Pretax Profit
Miss
GBP 30.50 mln
GBP 30.86 mln (8 Analysts)
FY Assets Under Management
 
GBP 19.554 bln
 
FY EBIT
 
GBP 13.51 mln
 
FY Gross Profit
 
GBP 122.98 mln
 
FY Pretax Profit
 
GBP 14.41 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and 2 "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 Liontrust Asset Management PLC is GBp389.50, about 32.5% above its June 23 closing price of GBp294.00
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)