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EFG International posts record 10 month net profit, sets 2028 targets
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EFG International reported a record 10-month net profit of 320 million Swiss francs, including a 45 million Swiss franc contribution from insurance recovery. The company targets 15% annual average net profit growth for 2026-2028 and aims for cost savings of 70-80 million Swiss francs by 2028 compared to 2025. EFG's net new assets in the first ten months of 2025 were 9.3 billion francs, surpassing its target annualized growth rate range of 4-6% at 6.8%.
Source: Reuters The copyright of this article belongs to the original author/organization.
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