BMED: Record net income and inflows drive upgraded 2024 guidance and strong capital position

About this update from Banca Mediolanum Spa

Net income rose 24% year-over-year to EUR 449.9 million, with strong growth in recurring commission income and record customer acquisition. 2024 guidance for net inflows into managed assets was raised to EUR 6.5–7 billion, and capital ratios remain robust, supporting higher dividends.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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