Business
Interim Results - Replacement
Interim Results - Replacement.
About this update from St. James's Place Plc
[{"type":"text","content":"\n RNS Number : 0921A St. James's Place PLC 29 July 2008 \n \n \nST. JAMES’S PLACE PLC\n \nPRESS RELEASE\n29 July 2008\n \n \nThe following replaces the Interim Results released at 07.00 on 29 July 2008 under RNS No. 0390A. \n \nThe Responsibility Statement of the Directors and the Independent Review Report by the Auditors are now included. No other details have changed.\n \nThe full amended text appears below.\n \n \nHALF YEARLY RESULTS\nFOR THE SIX MONTHS\nTO 30 JUNE 2008\n \nSt. James’s Place plc (“SJP”), the wealth management group, today announces its new business and financial results for the half year ended 30 June 2008.\n \nThe text of the announcement is attached:\n \nEnquiries:\n \n\n\n\n\n\nMike Wilson, Chairman\n\n\nTel: 020 7514 1985\n\n\n\n\nAndrew Croft, Group Finance Director\n\n\nTel: 020 7514 1985\n\n\n\n\n \n\n\n \n\n\n\n\nBrunswick\n\n\nTel: 020 7404 5959\n\n\n\n\n \n\n\nAnita Scott\n\n\n \n\n\n\n\n \n\n\nAnna Jones\n\n\n \n\n\n\n\n-1-\nST. JAMES’S PLACE WEALTH MANAGEMENT\n \nANNOUNCES 2008 HALF YEARLY RESULTS\n \nRESILIENT RESULTS WITH RECORD\nSECOND QUARTER NEW BUSINESS\n \nHighlights of the half yearly results to 30 June 2008:\n \nNew business (on an APE basis):\n \n· Total new business of £220.7 million up 3%\n· Record second quarter new business at £122.0 million up 5% and our highest ever quarter\n· Pension business of £97.3 million up 15%\n \nProfit – EEV basis:\n \n· Group operating profit at £114.2 million (2007: £120.7 million)\n· New business profits of £65.3 million (2007: £71.5 million)\n· Net asset value per share 241.1 pence (2007: 239.6 pence)\n \n– IFRS basis:\n \n· Profit before shareholder tax of £32.8 million (2007: £19.9 million)\n· Net asset value per share 97.1 pence (2007: 83.0 pence)\n \nInterim Dividend:\n \n· Interim dividend increased to 1.84 pence per share up 5%\n \nFunds Under Management:\n \n· Total single investments of £1.7 billion (2007: £1.7 billion)\n· &...