- Abrdn’s assets under management and administration increased to GBP 511.4 billion, marking a 0.9% rise compared to the previous quarter.
- The company reported net inflows of GBP 1.2 billion.
- Abrdn anticipates its FY 2024 adjusted operating profit to align with current market predictions.
- The platform revenue margin is expected to decrease by 2-3 basis points in FY 2025 due to the repricing of the back book.
- Abrdn has made substantial progress in its transformation efforts:
- FY 2024 adjusted operating expenses are projected to be below £1,075 million, consistent with their guidance.
- Annualised cost-saving measures have already exceeded £100 million.
- The company remains on track to achieve a target of at least £150 million in annualised savings by the end of 2025.
- Analyst recommendations for Abrdn include 2 buys, 5 holds, and 9 sells.
A look at abrdn PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investment analysts are optimistic about the long-term prospects of abrdn PLC based on the Smartkarma Smart Scores. With top ratings in Value and Dividend scores, the company is positioned well in terms of its financial health and ability to generate shareholder returns. Additionally, scoring high in Resilience, abrdn PLC demonstrates a strong ability to weather market uncertainties and maintain stability. While Growth and Momentum scores are slightly lower, the overall outlook for the company remains positive.
Abrdn PLC, operating as an investment company, offers a wide range of investment solutions globally. Specializing in equities, fixed income, real estate, and alternatives, the company caters to the diverse needs of investors. With a solid foundation in financial strength, consistent dividend payments, and a resilient business model, abrdn PLC continues to be a reputable player in the investment industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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