21-May-2020 09:13 AM
Fund management company Investec reported a fall in profit as a £105m hit from the pandemic and lower trading income weighed on performance.
For the year ended 31 March, adjusted profit fell 16.8% to £609m, following a £105m Covid-19 i
21-Apr-2020 03:20 PM
Bank of America Merrill Lynch today initiates coverage of Investec PLC (LON:INVP) with a buy investment rating and price target of 190p.
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20-Mar-2020 08:29 AM
Investment company Investec warned on profit amid 'challenging' market conditions that had been exacerbated recently by the ongoing public health and economic effects of the Covid-19 outbreak.
Adjusted operating profit was expected to fall 7%
04-Dec-2019 12:00 PM
UBS today reaffirms its buy investment rating on Investec PLC (LON:INVP) and raised its price target to 580p (from 560p).
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21-Nov-2019 08:38 AM
Investec reported a fall in profit despite growing assets under management as weaknesses in its wealth management arm and UK banking business stifled growth.
The wealth manager said it expected to conclude the demerger of its asset management business
20-Sep-2019 07:06 AM
Investec today announces its pre-close trading update ahead of its interim results for the six months ending 30 September 2019 (1H2020), which are due for release on 21 November 2019.
Further progress has been made on simplifying and focusing the busines
02-Jul-2019 08:08 AM
Investec said Stephen Koseff and Bernard Kantor would step down as executive directors with effect from 08 August.
The update comes after the group announced management succession plans in February 2018.
At 8:08am: (LON:INVP) Investec PLC share pric
16-May-2019 08:55 AM
Investec reported a rise in annual net assets as operating profits rose 9.4% amid net inflows, good loan book growth, and 'significantly improved performance' in the UK Specialist Banking business.
For the year ended 31 March, assets under man
15-Nov-2018 08:58 AM
Investec said Thursday first-half profits grew double digits supported by strong performance in its asset management business.
For the six months ended 30 September, operating profit increased 14.2% to £359.3m from a year earlier and net interest
07-Nov-2018 11:40 AM
UBS today reaffirms its buy investment rating on Investec PLC (LON:INVP) and cut its price target to 600p (from 630p).
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14-Sep-2018 08:08 AM
Dual-listed South African financial services group Investec said Friday it would demerge and publicly list its asset management business to accelerate growth.
The company also reported an increase in first-half net assets, though warned of woes in the as
06-Sep-2018 11:50 AM
Numis today reaffirms its hold investment rating on Investec PLC (LON:INVP) and set its price target at 524p.
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17-May-2018 08:39 AM
Investec said substantial net inflows at its asset management and wealth businesses saw operating profit jump 5.6% for the year to the end of March.
In the financial results for the year to March 31 2018, Investec reported overall ongoing operating profi
19-Mar-2018 11:30 AM
Numis today reaffirms its hold investment rating on Investec PLC (LON:INVP) and set its price target at 578p.
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11-Dec-2017 07:23 AM
Investec has clarified its exposure to Steinhoff International and its subsidiaries, including Steinhoff Africa and Steinhoff Africa Retail Ltd (STAR), its separately listed African retail activities.
Investec said it has credit exposures to the Steinhof
16-Nov-2017 07:40 AM
Investec's interim statutory operating profit before goodwill, acquired intangibles, non-operating items and taxation and after other non-controlling interests increased 11.8% to £314.6m - an increase of 1.1% on a currency neutral basis.
Sta
15-Sep-2017 09:24 AM
Investec said it expected operating profits for the six months to the end of September to be comfortably ahead of the prior period. Investec said it had continued to see macro uncertainty in its key operating geographies during the period.
A pre-clos
11-Aug-2017 08:05 AM
Investec has confirmed that all resolutions proposed at the annual general meetings of shareholders required under its dual listed company structure were passed on a poll.
At 8:05am: (LON:INVP) Investec PLC share price was -1p at 575p
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07-Feb-2017 10:10 AM
HSBC today reaffirms its buy investment rating on Investec PLC (LON:INVP) and raised its price target to 710p (from 580p).
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17-Nov-2016 02:40 PM
Numis today downgrades its investment rating on Investec PLC (LON:INVP) to hold (from add) and set its price target at 522p.
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17-Nov-2016 08:11 AM
Investec reports a resilient first half with continued target market penetration reflected in growth in key earnings drivers and client driven revenue lines despite high levels of macro uncertainty in its key operating geographies.
Statutory operating
22-Jun-2016 08:20 AM
Deutsche Bank today reaffirms its buy investment rating on Investec PLC (LON:INVP) and cut its price target to 580p (from 610p).
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21-May-2015 08:42 AM
Investec's statutory operating profit increased 9.4% to £493.2m in the year to the end of March - an increase of 18.0% on a currency neutral basis.
Statutory adjusted earnings per share before goodwill, acquired intangibles and non-operating items
20-Mar-2015 09:24 AM
Investec expects operating results for the year to the end of March to be up on last time despite depreciation of the rand.
The group expects its wealth & investment and asset management divisions to report results ahead of last time. Both divisions have
31-Dec-2014 09:09 AM
Investec has declared a dividend of 1303.46388 cents on its Class ILRP1 redeemable non-participating preference shares for the period from 1 October to the end of December.
The dividend will be paid on 26 January to holders of record on 23 January.
At