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Magellan Financial Group Provides FY 2019 Results Presentation

13 Aug 2019  |  09:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY19 Results Presentation

Magellan Financial Group provided FY 2019 results presentation. The fully underwritten institutional placement to raise $275m (Placement). Effective tax rate for the 12 months to 30 June 2019 is 23.6%. Interim and Final dividends based on 90%-95% of profit of Funds Management segment excluding crystallised performance fees.

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