UK's Record tops LSE laggards as annual profit slumps
Today 08:17
BUZZ-UK's Record tops LSE laggards as annual profit slumps ** Shares of Record RECL.L down 11% at 48p, their lowest point since January 2025
** Stock is top loser across the London Stock Exchange
** The specialist asset manager reports FY26 profit after tax down 23% to 7.0 million pounds ($9.24 million)
** Company's AUM rises 14% to $114.6 billion but total revenue slips 4% to 40.1 million pounds
** Record cuts full-year dividend to 3.60p per share (FY25: 4.65p)
** In 2026, stock has fallen about 14.3%
($1 = 0.7577 pounds)
(Reporting by Judes Joseph in Bengaluru)