Macquarie Group Ltd

MQG: XASX (AUS)
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Macquarie Earnings: Soft but Investments Expected to Pay Off

Macquarie's operating profit continues to see-saw, the AUD 1.6 billion result up 14% on first half 2024 but down 23% on second half 2024. Market-facing businesses drove the half-on-half decline, with less profit from asset sales and less commodities risk management activity due to lower volatility.

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