Abrdn PLC

ABDN

Equity

ISIN GB00BF8Q6K64 / Valor 44258130

LSE London Stock Exchange, SETS (2024-12-23)

GBP 1.37-1.80%

Abrdn PLC
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About company

Abrdn PLC is a global investment company that manages and administers £495bn of assets for clients, offering financial planning solutions, technology, and information to help individuals and financial advisers plan, save, and invest for the future. The company's services include real assets such as real estate, infrastructure, and commodities, catering to the growing trends of urbanization, digitalization, and decarbonization. Additionally, Abrdn PLC owns interactive investor (ii), the UK's second-largest direct-to-consumer investment platform, and Finimize, which provides retail investors with information to make informed investment decisions.

Summarized from source with an LLMView SourceSector: Finance

Adjusted Operating Profit

Abrdn PLC reported an adjusted operating profit of £249 million for the full year 2023. This figure reflects the company's efforts to streamline operations and improve profitability amidst challenging market conditions.

Investment Performance

For the full year 2023, Abrdn PLC achieved an investment performance where 42% of its assets under management (AUM) were above benchmark over a three-year period. This indicates a strong performance relative to market standards.

Net Flows

Abrdn PLC experienced a net outflow of £13.9 billion in the full year 2023, excluding liquidity and LBG. This outflow highlights the challenges faced by the company in retaining and attracting new investments during the year.

Net Operating Revenue

The net operating revenue for Abrdn PLC in the full year 2023 was £1,398 million. This revenue figure underscores the company's ability to generate income from its core operations despite market headwinds.

Dividend Per Share

Abrdn PLC declared a full year dividend of 14.6 pence per share for 2023. This dividend reflects the company's commitment to returning value to its shareholders even as it navigates a complex economic environment.

Summarized from source with an LLMView Source

Key figures

-25.1%1Y

-43.3%3Y

-58.9%5Y

Performance

30.1%1Y

35.1%3Y

38.1%5Y

Volatility