Hargreaves Lansdown (HL) doesn’t need an asset-rich balance sheet to generate oodles of cash. In the year to June, the investment platform provider’s post-tax cash generation came to £262m, equal to 64 per cent of shareholder equity at the start of the period.
To continue reading, subscribe today
and enjoy unlimited access to the following:
- Tips of the Week
- Funds coverage
- Weekly features on big investment themes
- Trading ideas
- Comprehensive companies coverage
- Economic analysis
