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Article: AMVESCAP Reports Results for Nine Months Ended September 30, 2006.
- Article from:
- Business Wire
- Article date:
- October 25, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON -- AMVESCAP (NYSE:AVZ) (LSE:AVZ) (TSX:AVZ) reported that profit before tax for the nine months ended September 30, 2006 amounted to $506.4 million (nine months ended September 30, 2005: $341.5 million). Operating profit for the nine months ended September 30, 2006 amounted to $535.1 million (nine months ended September 30, 2005: $376.1 million), and included a non-cash charge of $41.1 million ($0.03 per share, net of tax) to recognize a cost relating to performance-based share options granted in 2003 that are now expected to vest. Diluted earnings per share was $0.40 for the nine months ended September 30, 2006 (nine months ended September 30, 2005: $0.27).
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