Previous close | 22.36 |
Open | 22.31 |
Bid | 22.09 x 0 |
Ask | 0.00 x 0 |
Day's range | 22.36 - 22.36 |
52-week range | 19.96 - 26.60 |
Volume | |
Avg. volume | 103 |
Market cap | 3.097B |
Beta (5Y monthly) | 1.37 |
PE ratio (TTM) | 6.88 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.00 (4.47%) |
Ex-dividend date | 20 May 2024 |
1y target est | N/A |
The company, which is working on a project to be able to raise funds from bank deposits, said it was confident 2024 net profit would come in above its existing 500 million euro ($538 million) goal, on net inflows projected above 7 billion euros. Azimut shares dropped as much as 4.9% after the results, but recouped losses to stand flat at 25.7 euros each by 1354 GMT. Azimut in March said it would spin-off roughly half of its financial adviser network and find a banking partner to invest in the business.
Italian asset manager Azimut Holding said on Thursday it was confident of exceeding its profit target for the year, after reporting a drop in first-quarter net profit when adjusted for one-off accounting and tax items. The company, which is working on a project to be able to raise funds from bank deposits, said it was confident 2024 net profit would come in above its existing 500 million euro ($538 million) goal, on net inflows projected above 7 billion euros. Azimut shares dropped as much as 4.9% after the results, but recouped losses to stand flat at 25.7 euros each by 1354 GMT.