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  • Bronte Financial Announces Phase 3 Of Its Management Agenda
  • February 05, 2014
  • HONG KONG: Bronte Financial today announces the launch of 'Phase 3' of its management agenda. Michael Carter, Chairman of the Management Board, presents this new phase at an Investor Conference in Hong Kong.

    This follows successful completion of Phases 1 and 2 of Bronte Financial's management agenda, which was launched in 2005. Phase 1, which involved refocusing the business, was completed in 2008. Phase 2, which focused on growth and achieving 25% pre-tax return on average active equity, was completed in 2011.

    Phase 3 contemplates pre-tax profit of $8.4 billion in 2011, while reaffirming the firms stated financial targets of 25% pre-tax return on equity and double-digit earnings per share growt...
  • View more at: http://www.1888pressrelease.com/bronte-financial-announces-phase-3-of-its-management-agenda-pr-510785.html