Brief: Taaleri Q3 Operating Profit Up At EUR 18.5 Mln

Taaleri Oyj

04/11/2022 06:08

Nov 4 (Reuters) - Taaleri Oyj  TAALA.HE :
    * Q3 OPERATING PROFIT MORE THAN TRIPLED AND WAS EUR 18.5 (4.9) MILLION, CORRESPONDING TO
68.6% OF
INCOME
    * Q3 PRIVATE ASSET MANAGEMENT SEGMENT'S CONTINUING EARNINGS GREW BY 10.1% TO EUR 5.3 (4.8)
MILLION
    * Q3 INCOME MORE THAN DOUBLED TO EUR 26.9 (12.3) MILLION AS A RESULT OF PERFORMANCE FEES AND
NET
INCOME FROM INVESTMENT OPERATIONS
    * DOES NOT PUBLISH A SHORT-TERM OUTLOOK
    * LONG-TERM TARGETS INCLUDE CONTINUING EARNINGS GROWTH AT LEAST 15%, OPERATING PROFIT AT
LEAST 25%
OF INCOME, RETURN ON EQUITY AT LEAST 15%

Source text for Eikon:  ID: 
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