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Profits surge at Neil Woodford's Woodford Investment Management despite torrid investment performance

Ian Orton, 10/01/2019

Revenues and pre-tax profits at Neil Woodford’s Woodford Investment Management increased by 101.31 percent and 81.91 percent respectively for the year to 31 March 2018, according to the Oxford-based firm’s latest accounts which have just been deposited at Companies House.

The firm recorded revenues of £78.02 million, a £39.27 million increase on the £38.76 million posted for the period between 4 April 2016 and 31 March 2018.

Pre-tax profits amounted to £41.74 million, an £18.80 million increase on the £22.94 million registered for the preceding period.

The firm declared a dividend of £36.49 million ...


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