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IOOF HY19 financial results

We recently announced the 2019 half year financial results for IOOF Holdings Limited (ASX:IFL).

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Result highlights

  • A statutory net profit after tax (NPAT) of $135.4 million, up 200%.
  • Underlying NPAT from continuing operations of $100.1 million, up 6%.
  • Total funds under management, administration and advice (FUMA) of $137.8 billion, up 10% in the six months to 31 December 2018.
  • Net platform inflows of $688 million, an increase of 12%.
  • A cost to income ratio equal to 52.4%, improved by 2%.
  • A fully franked dividend of 25.5 cents per share was declared.

For more information on IOOF’s 2019 half year financial results, please read the media release or
view the half year 2019 result webcast