Chanticleer
Why Wikramanayake says a tough year proves Macquarie’s growth story
Investors have been looking past the group’s big profit drop and betting that the drought in renewable energy asset sales will end. But the rebound may be bumpy.
Investors who’ve bet on Macquarie’s 2025 rebound might be about to have their patience tested.
Though the big drop in the group’s earnings in its 2024 profit was widely expected and chief executive Shemara Wikramanayake is talking up the potential for earnings from the group’s flagship Macquarie Asset Management division to jump in 2025, there are some key questions about the short-term outlook.
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