3i Group profit falls 15%

3i Group PLC (III.LN) on Thursday reported a 15% fall in pretax operating profit in fiscal 2019, a year the company said was characterized by uncertainties that weighed on business. The international investment manager, which focuses on midmarket equity and infrastructure, said its profit for the year ended March 31 fell to 1.23 billion pounds ($1.58 billion), from GBP1.45 billion in the previous financial year.

from MarketWatch.com - Financial Services Industry News https://on.mktw.net/2HwMboD
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