Financial

International expansion gains momentum, with Australia and Dubai operations fully operational.

Shareholder return: +18.7%, reflecting a narrowing discount.

Dividend increase:2024 total dividend rises to 24.7p per share, marking 20 years of uninterrupted growth.

3,600 customers to transfer:£3.2 billion in assets under administration to move to InvestAcc by the second half of 2025.

Operational EBITDA Stability:Reported at£87.8 million, a6.3%decline but within expectations.

Revenue and Profit:Expected FY25 revenue of £141.0 million (FY24: £152.8 million), with underlying operating profit of £16.5 million (FY24: £18.1 million).

Image source: ShutterstockHighlights:NAV Growth: Net Asset Value per share rose 2.4% to 178.08p over six months.Market-Leading Returns: Ranked first among 20 peer group funds, with 5.4%, 43.8%, and 241.0% returns over six months, one year, and five years, respectively.Strategic Investments: 194.4 million MMI shares …