Full Year 2025 Ninety One PLC Earnings Call Transcript

Jun 4, 2025 / 08:00 AM GMT

Release Date Price: €1.81

Transcript

Key Points

Positve

Ninety One Ltd (JSE:NY1) recorded positive net flows in the second half of the year, reversing the negative trend from the first half.
Assets under management increased by 4% to 130.8 billion pounds, indicating growth in the company's asset base.
The company has opened two new offices in the Middle East, expanding its presence and activities in the region.
The Sunamm transaction is expected to grow assets under management by approximately 17 billion pounds and offers preferred access to their distribution network.
Ninety One Ltd (JSE:NY1) is investing in AI and technology to enhance efficiency and effectiveness, positioning itself as a future-ready active investment manager.

Negative

Net outflows for the year were 4.9 billion pounds, although this was an improvement from the previous year's 9.4 billion.
Basic earnings per share declined by 7% to 17.2% per share, and adjusted earnings per share declined by 3% to 15.5%.
The full-year dividend decreased by 1% to 12.2%, reflecting a challenging financial environment.
The adjusted operating profit margin decreased from 32% to 31.2%, indicating pressure on profitability.
The effective tax rate increased to 26.5% from 24.4% in the prior year, driven by non-deductible expenses and new global minimum tax rules.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NY1J.J - Ninety One Ltd
Full Year 2025 Ninety One PLC Earnings Call
Jun 04, 2025 / 08:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, ladies and gentlemen, and welcome to our results presentation.

The past year was another tough year for the active asset management industry and even more challenging for those who offered emerging market and international active strategies like '91.

However, I'm delighted to report that we performed in line with our expectations set at the half year stage.

We did significantly better over the second half, recording positive net flows and benefits from higher benefited from higher average assets under management.

We also delivered credible investment performance, and the overall performance picture is stronger than a year ago.

The market for new business remains extremely

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.