Hargreaves Lansdown Reports Drop in Half-Year Profit
![Hargreaves Lansdown Reports Drop in Half-Year Profit](https://www.cryptotradingbots.net/img/5aa28e5d-3142-40e7-9b2d-ba385eaa5953/news-article-15.jpeg?fm=jpg&q=80&fit=max&crop=1440%2C1080%2C240%2C0)
Hargreaves Lansdown, a London-listed retail-investment platform, revealed a decrease in pretax profit for the first half of its fiscal year, citing one-off costs associated with restructuring. Despite a rise in revenue, the company cautioned that it anticipates a challenging environment to persist into fiscal 2024.
Hargreaves Lansdown remains cautious about the economic landscape, expecting investor confidence to be impacted. The company anticipates revenue margin to align with guidance and shares performance to be influenced by dealing volumes.
At 0813 GMT, shares dropped by 5.5% to 752.2 pence.
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