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Article: Invesco Reports Results for Nine Months Ended September 30, 2007.(Financial report)
- Article from:
- Business Wire
- Article date:
- November 8, 2007
CopyrightCOPYRIGHT 2007 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 -- Invesco (NYSE:IVZ) reported that operating profit increased by 45.4% for the nine months ended September 30, 2007 to $777.9 million (nine months ended September 30, 2006: $535.1 million). Diluted earnings per share was $0.60 for the nine months ended September 30, 2007 (nine months ended September 30, 2006: $0.40).
"Invesco's solid performance throughout 2007 is illustrated by record assets under management, a 45% increase in operating profits over the first nine months of 2006 and an improving operating margin of 37% over last year's 30%," said Martin L. Flanagan, President and CEO of Invesco. "Invesco's shareholders have responded very positively to ...
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