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L1 GROUP LIMITED — Earnings Release 2012
Jan 8, 2012
65211_rns_2012-01-08_c54caa75-f93c-42a4-8057-9b014330394e.pdf
Earnings Release
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- 9 January 2012
The Manager Announcements Companies Office Australian Securities Exchange Limited Sydney NSW 2000
By e-Lodgement
Platinum Asset Management Limited (PTM)
Profit update compared to the previous corresponding period
Given the decline in average daily funds under management (“FUM”) when comparing the FUM for the 6 months to 31 December 2011 relative to 31 December 2010, PTM anticipates its reported consolidated operating profit before tax for the half-year ended 31 December 2011 will be between $92 million and $96 million. PTM reported a $113.5 million consolidated operating profit before tax for the half year ended 31 December 2010.
The final result, which is dependent upon a number of factors still to be finalised, will be announced on 16 February 2012.
P Howard Company Secretary
Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia Tel 61 2 9255 7500 | Facsimile 61 2 9254 5555 | Email [email protected] | Website www.platinum.com.au
Platinum Asset Management Limited ABN 13 050 064 287