Market Reacts as Macquarie Announces Annual Profit Results

The Macquarie Group posted their annual profit results today reflecting a 23 percent rise in their full year profit. It admitted in its statement that it would be difficult to match these records next year owing to the current economic conditions.
Macquarie Group recorded an annual profit of $8 billion for its financial year 2008 which was 23% up from previous year $1.46 billion. The full operating income reflected a 15 percent increase to $8.2 billion while Earning per share (EPS) increased 13 percent to $6.71.

Macquarie Group (MQG) Update

Here is a update on Macquarie Group from Australian market analyst UBS.

Macquarie Group Ltd: Solid FY08e Result Expected, All Eyes on FY09e CommentaryMQG

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