Tysers “ahead of expectations” with A$18mn 2Q profit

The revitalised London market broker Tysers posted a profit of A$18.0mn ($12.4mn) and revenue of A$90.4mn for the second quarter of new parent AUB’s financial year 2023 that was 12.3 percent higher than forecast, results which Michael Emmett, CEO of its new Australian owner, heralded as having “exceeded our expectations”.