Partners Group shares up after H1 profit increase

Partners Holding AG

02/09/2025 08:20

** Shares in Swiss investment management firm Partners Group Holding AG PGHN.S are up 4.33% after it published its H1 results, driven by higher performance fees than consensus expected

** The company reported increasing profits in H1, with an EBITDA of CHF 733 million  ($914.08 million), up 17% compared to the same period in 2024, and a net profit of CHF 578 million, up 14% year-on-year

** The co said it brings forward to 2025 its guidance that performance fees will represent 25% to 40% of total revenues, given the visibility the company has on the pipeline of maturing assets expected to be realised

** Despite lower management fees than expected, "this could be more than offset by much stronger performance fees than consensus expects this year", says J.P. Morgan

** Up to the previous session's close, shares were down 10.9%​ YTD

($1 = 0.8019 Swiss francs)

 (Reporting by Emanuele Berro)

 ((Emanuele.berro@thomsonreuters.com))