Company News Summary | 12 Feb 2019

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Macquarie Group Provides Business Activity Update for December 2018 Quarter

09:01:00 | Associate analysts

Original annuncemenet:Macquarie Group 2019 Operational Briefing Media Release

Macquarie Group provided an update on business activity in the third quarter of the financial year ending 31 March 2019 (December 2018 quarter). The Company's annuity-style businesses' (MAM, CAF and BFS) combined December 2018 quarter net profit contribution was slightly up on the December 2017 quarter. Its financial position exceeds APRA's Basel III regulatory requirements, with a Group capital surplus of $A4.0bn at 31 December 2018, up from $A3.4bn at 30 September 2018.

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