Outgoing CEO Shemara Wikramanayake has delivered her final result for Macquarie Group, posting a net profit above forecasts for the six months to September 30.
Macquarie reported a net profit of $2.48 billion in its half-year results, beating analysts’ forecasts after strong earnings from its commodities and global markets division.
The asset management and investment bank giant’s net profit rose 50 per cent in the six months ended September 30, compared to the year earlier, the company said in a statement on Friday.
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The ASX avoids the worst of a global sell-off, while Macquarie CEO Shemara Wikramanayake signs off after eight years.
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