Man Group H1 profit falls to $55 millionStaff Writer | July 26, 2016
Man Group reported that its statutory profit before tax for the first half of 2016 declined to $55 million from $163 million in the prior year.
Man Group Earnings per share declined to 2.9 cents
Net revenues for the half year decreased to $389 million from $624 million in the previous year.
The company's board has declared an interim dividend for the year to December 31, 2016 of 4.5 cents per share. This dividend will be paid at the rate of 3.43 pence per share. ■