Schroders Posts Higher Full-Year Profit

Schroders PLC SHNWF posted a 24% gain in its full- year pretax profit. Schroders posted a full-year pretax profit of 447.5 million pounds ($746.78 million), versus a year-ago profit of GBP360.0 million. Its revenue climbed to GBP1.81 billion from GBP1.43 billion, while diluted earnings per share climbed to 126.0 pence from 101.3 pence. Schroders also declared a final dividend of 42.0 pence per share.