London · Delayed Price · Currency is GBP · Price in GBX St. James's Place Earnings Call Transcripts
Fiscal Year 2025
-
Delivered strong financial and operational results in 2025, with growth in new business, FUM, and underlying cash. Announced a higher payout ratio for shareholders from 2026 and continued strategic progress in technology, cost efficiency, and high net worth segments.
-
Delivered strong growth in new business, FUM, and underlying cash, with net inflows up 42% and FUM reaching GBP 220 billion. Implemented a new charging structure, strengthened the balance sheet, and raised shareholder return guidance to 70% payout from 2026.
-
Record net inflows and a 17% rise in underlying cash result marked a strong H1, with funds under management at GBP 198.5 billion. Strategic initiatives, including a new charging structure and passive investment options, are on track, while capital returns continue via buybacks.
-
Double-digit earnings growth and record funds under management were achieved, with GBP 10.5 billion in new client investments and a 17% rise in underlying cash result. The new charging structure and efficiency programs are on track, supporting ambitions for long-term compounding growth.
Fiscal Year 2024
-
Strong client flows and financial results were achieved, with a refreshed strategy and new charging structure set for H2 2025. Advisor headcount may dip short-term, but long-term growth is targeted, and payout ratio review is planned for 2027.
-
Record funds under management and resilient net inflows marked a strong H1 2024, with robust pensions growth and a stable solvency position. Strategic cost savings and reinvestment are set to drive mid- to high single-digit FUM growth and double underlying cash results by 2030.