Investor Presentaiton
Overview of Macquarie
Operating Groups
1Q24 Update
Outlook
Appendix
1Q24
Overview
End
PEN
Weaker trading conditions with 1Q24 Operating Group contribution substantially
down on the prior corresponding period (pcp) (1Q23)
• Macquarie's annuity-style businesses (MAM and BFS) combined 1Q24 net profit
contribution¹ substantially down on pcp. This was primarily due to lower
investment-related income from green energy investments in MAM. In BFS,
contribution was significantly up on the pcp driven by growth in the loan portfolio
and BFS deposits together with improved margins
• Macquarie's markets-facing businesses (CGM and Macquarie Capital) combined
1Q24 net profit contribution¹ substantially down on pcp primarily due to the
strong results across the Commodities platform in CGM in the pcp. Macquarie
Capital saw lower investment-related income on the pcp with fewer material
asset realisations partially offset by an increase in income from the private credit
portfolio, and fee and commission income down on the pcp
1. Net profit contribution is management accounting profit before unallocated corporate costs, profit share and income tax.
O Macquarie Group Limited
st.george
38View entire presentation