UK's Quilter falls after signalling softer second-half profit growth
06/08/2026 09:15
BUZZ-UK's Quilter falls after signalling softer second-half profit growth ** Shares of British money manager Quilter QLT.L down 4.24% at 193.70 pence
** Co tempered expectations for the remainder of the year, forecasting only modest profit gains in the second half
** Expects second-half adjusted profit is to be around a mid-single-digit percentage higher than first-half levels
** JPM analysts said the guidance implies full-year adjusted profit of about £230 mln ($309.51 mln), below the company-compiled forecast of £236 mln.
** QLT up ~10.7% YTD, as of last close
($1 = 0.7431 pounds)
(Reporting by Megha Kumari in Bengaluru)