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Sequoia reports over 4,000% profit increase with further acquisitions ahead - Vimarsana News

Sequoia reports over 4,000% profit increase with further acquisitions ahead

Sequoia has reported an “abnormally high” NPAT increase of more than 4,000 per cent on the previous year, while reporting strong tailwinds for its licensee division and adviser growth.

Sequoia reports 4000% profit increase with further acquisitions ahead - Vimarsana News

Sequoia reports 4000% profit increase with further acquisitions ahead

Sequoia has reported an “abnormally high” NPAT increase of more than 4,000 per cent on the previous year, while reporting strong tailwinds for its licensee division and adviser growth.

PI dispute hits Sequoia half-year earnings guidance - Professional Planner - Vimarsana News

PI dispute hits Sequoia half-year earnings guidance - Professional Planner

A dispute with its PI insurance provider and difficulties integrating direct investments has led to a “disappointment and an aberration” of a business update according to Sequioa lead Garry Crole.