DWS Group Reports Q1 Earnings with Higher Revenue and Profit Amid Market Volatility
DWS Group (ETR:DWS) reported higher Q1 revenue and profit, with improved cost-income ratio, despite a volatile market environment. CEO Stefan Hoops highlighted strong earnings per share of €1.32, driven by performance fees, while CFO Markus Kobler noted a 9% YoY revenue increase and 33% YoY net income growth. Institutional outflows were reported amid March uncertainty.
Topics: asset management cost-income ratio earnings flows market environment profit revenue