The profit before shareholder tax on was EUR109.7 million, 30% up against the EUR84.2 million reported in 2010.
SJP attributed the key driver to growth to the annual fees collected on funds under management, which increased 6% in the period from EUR270 billion to EUR28.5 billion.
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Operating profit was EUR371.5 million, up 12% on the previous year’s EUR332.6 million.
Net inflow of funds under management was reported to be EUR3.3 billion, which was up 10% compared to EUR3 billion in 2010.
SJP also reported excellent progress on the new regulatory qualification requirement with 80% of advisers having reached the diploma level and a further 11% to reach the level within one or two exams.
Commenting on the performance of the company, SJP chief executive, David Bellamy, said, "The performance, in market conditions that were far from helpful, is a testament to our strength and the breadth of our investment proposition".
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By GlobalData"For the year as a whole, with a stronger Partnership and investment proposition, we have a good platform for further growth in new business and remain confident of continuing to achieve our 15%+ per annum targets over the longer term", he further added.
