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How Magellan’s Strategic Partnerships Powered Growth Despite Profit Drop in FY25
8:26pm on Friday 29th of August, 2025 AEST
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Financial Services
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How Magellan’s Strategic Partnerships Powered Growth Despite Profit Drop in FY25
8:26pm on Friday 29th of August, 2025 AEST
Key Points
31% decline in net profit after tax to $165 million
5% increase in operating profit after tax to $159.7 million
Assets under management grew 8.2% to $39.6 billion
Strategic partnership income surged 202%, notably from Vinva and Barrenjoey
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