abrdn plc

abrdn plc Earnings Recaps

ABDN.L Financial Services 1 recap
Q2 2026 Jul 31, 2026

Aberdeen’s shares fell 3.8% after earnings as investors reacted negatively to a cautious outlook and delayed recovery in net inflows within the Adviser segment, which continues to weigh on overall growth despite strength in other areas.

Key takeaways
  • Adjusted operating profit rose 21% to GBP 151 million, supported by revenue growth and efficiency improvements.
  • Interactive Investor (ii) showed strong momentum with a 14% increase in customers, record net inflows of GBP 6.8 billion, and profit growth of 22%.
  • Adviser profits were flat amid ongoing challenges with net inflows, as management now expects recovery in flows to take longer than previously anticipated.
  • Investments division saw profits rise 9% with AUM approaching GBP 400 billion and improved 3-year investment performance at 86% of assets beating benchmarks.
  • Operational improvements and strategic initiatives underway in Adviser provide a foundation for future growth but have yet to translate into meaningful inflow recovery.