Financial Performance - The company's Total AUM decreased by 1% to $373.2 billion in Q1 2025 compared to $378.7 billion in Q4 2024 [3] [4] - Net inflows were $2.0 billion in Q1 2025, down from $3.3 billion in Q4 2024 [3] - U.S GAAP diluted EPS remained flat at $0.77, while adjusted diluted EPS decreased from $1.07 to $0.79 [3] - A dividend of $0.40 per share was declared, a 3% increase, and $27 million of shares were repurchased [4] Investment Performance - Long-term investment performance remains solid, with 77% of AUM outperforming the relevant benchmark for the 3-year period, 65% for the 5-year period, and 73% for the 10-year period [3] - 71% of mutual fund AUM was in the top 2 Morningstar quartiles [6] Flows and Capabilities - The company experienced its fourth consecutive quarter of net inflows, supported by a 44% year-over-year increase in gross sales [8] - Fixed Income and Alternatives flows were positive, while Multi-Asset and Equities flows were impacted by industry headwinds [14] - In Q1 2025, Equities had net sales/(redemptions) of -$4.2 billion, Fixed Income had $5.6 billion, Multi-Asset had -$0.6 billion, and Alternatives had $1.2 billion [15] Strategic Initiatives - The company is executing its strategic vision, focusing on protecting and growing core businesses, amplifying strengths, and diversifying where it has the right to win [25] [26] - The Guardian partnership amplifies strengths in Fixed Income, Multi-Asset, and Model Portfolios, expanding presence in institutional markets and the insurance space [30] - The company repurchased approximately 0.6 million shares in Q1 2025 for $27 million, and the board approved a new buyback authorization of up to $200 million through April 2026 [24]

PART I. Financial Information [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) This section presents Janus Henderson Group plc's unaudited condensed consolidated financial statements for Q1 2025, including balance sheets, income, cash flow, and equity statements [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to **$7.12 billion** as of March 31, 2025, from **$6.96 billion**, with total equity growing to **$4.83 billion** from **$4.72 billion** Condensed Consolidated Balance Sheet Highlights | Account | March 31, 2025 (in millions) | December 31, 2024 (in millions) | | :--- | :--- | :--- | | **Total Assets** | **$7,117.4** | **$6,963.1** | | Cash and cash equivalents | $1,083.6 | $1,217.2 | | Investments | $362.7 | $337.1 | | Goodwill | $1,587.2 | $1,550.4 | | Intangible assets, net | $2,480.4 | $2,473.3 | | **Total Liabilities** | **$1,755.4** | **$1,880.0** | | Long-term debt | $395.2 | $395.0 | | **Total Equity** | **$4,826.5** | **$4,718.1** | [Condensed Consolidated Statements of Comprehensive Income](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income) Q1 2025 total revenue increased to **$621.4 million**, but net income attributable to JHG decreased to **$120.7 million**, resulting in diluted EPS of **$0.77** Q1 2025 vs. Q1 2024 Income Statement | Metric | Q1 2025 (in millions) | Q1 2024 (in millions) | | :--- | :--- | :--- | | **Total Revenue** | **$621.4** | **$551.7** | | Management fees | $513.0 | $459.4 | | Performance fees | $(3.6) | $(13.1) | | **Operating Income** | **$153.6** | **$119.2** | | **Net Income Attributable to JHG** | **$120.7** | **$130.1** | | **Diluted EPS** | **$0.77** | **$0.81** | [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Q1 2025 generated **$2.8 million** from operations, used **$227.3 million** in investing, and gained **$79.6 million** from financing, resulting in a net cash decrease of **$129.1 million** Q1 2025 vs. Q1 2024 Cash Flow Summary | Cash Flow Activity | Q1 2025 (in millions) | Q1 2024 (in millions) | | :--- | :--- | :--- | | Net cash from Operating Activities | $2.8 | $(5.0) | | Net cash used for Investing Activities | $(227.3) | $(54.3) | | Net cash from (used for) Financing Activities | $79.6 | $(179.2) | | **Net Change in Cash** | **$(129.1)** | **$(245.8)** | [Condensed Consolidated Statements of Changes in Equity](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Changes%20in%20Equity) Total equity increased from **$4.72 billion** to **$4.83 billion** in Q1 2025, driven by net income and comprehensive income, offsetting dividends and share buybacks - Total equity increased by **$108.4 million** during Q1 2025, from **$4,718.1 million** to **$4,826.5 million**[16](index=16&type=chunk) - Key drivers of the equity change included net income of **$120.7 million**, offset by dividends of **$61.5 million** and share buybacks of **$26.8 million**[16](index=16&type=chunk) [Notes to the Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) The notes provide detailed disclosures supporting the financial statements, covering acquisitions, investments, fair value measurements, goodwill, debt, tax information, and a pending class action lawsuit - JHG completed the acquisition of a **55%** voting interest in Victory Park Capital Advisors (VPC) for **$114.0 million** in cash and JHG common stock, plus contingent consideration, expanding into private credit markets[23](index=23&type=chunk)[24](index=24&type=chunk) - The company's debt primarily consists of **$400.0 million** in principal of **5.450%** Senior Notes due 2034, with a **$200 million** revolving credit facility undrawn[67](index=67&type=chunk)[68](index=68&type=chunk) - The effective tax rate for Q1 2025 was **22.0%**, compared to **18.8%** for Q1 2024, mainly due to the absence of a significant reclassification benefit[69](index=69&type=chunk) - The company is a defendant in a class action lawsuit, *Schissler v. Janus Henderson US (Holdings) Inc.*, alleging breach of fiduciary duties related to its 401(k) plan, which it intends to vigorously defend[91](index=91&type=chunk)[92](index=92&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=28&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q1 2025 performance, highlighting a **6%** year-over-year AUM increase to **$373.2 billion**, **$2.0 billion** net inflows, **13%** revenue growth, and **29%** operating income rise [First Quarter 2025 Summary](index=30&type=section&id=First%20Quarter%202025%20Summary) Q1 2025 saw **77%** of AUM outperforming benchmarks, AUM growth to **$373.2 billion** with **$2.0 billion** net inflows, a strategic partnership with Guardian, and a **3%** dividend increase - Achieved solid investment performance, with **77%**, **65%**, and **73%** of AUM outperforming benchmarks on a three-, five-, and 10-year basis, respectively[102](index=102&type=chunk) - AUM increased to **$373.2 billion**, up **6%** from March 31, 2024, with Q1 2025 net inflows of **$2.0 billion**[102](index=102&type=chunk) - Announced a strategic partnership with Guardian, which includes managing a **$45 billion** investment-grade public fixed income portfolio[102](index=102&type=chunk) - The Board approved a **3%** increase in the quarterly dividend to **$0.40 per share** and a new **$200 million** share buyback program[102](index=102&type=chunk) [Assets Under Management](index=32&type=section&id=Assets%20Under%20Management) AUM was **$373.2 billion** as of March 31, 2025, a **1%** decrease from Q4 2024 due to negative market performance, partially offset by **$2.0 billion** net inflows and FX impact AUM and Flows by Capability - Q1 2025 | Capability | AUM Dec 31, 2024 (in billions) | Net Sales (in billions) | Markets (in billions) | FX (in billions) | AUM Mar 31, 2025 (in billions) | | :--- | :--- | :--- | :--- | :--- | :--- | | Equities | $229.4 | $(4.2) | $(9.5) | $1.7 | $217.4 | | Fixed Income | $82.7 | $5.6 | $0.9 | $0.3 | $89.5 | | Multi-Asset | $53.1 | $(0.6) | $(1.1) | $0.2 | $51.6 | | Alternatives | $13.5 | $1.2 | $(0.2) | $0.2 | $14.7 | | **Total** | **$378.7** | **$2.0** | **$(9.9)** | **$2.4** | **$373.2** | Average AUM by Capability | Capability | Q1 2025 (in billions) | Q1 2024 (in billions) | % Change | | :--- | :--- | :--- | :--- | | Equities | $231.1 | $212.7 | 9% | | Fixed Income | $87.8 | $70.6 | 24% | | Multi-Asset | $53.4 | $50.0 | 7% | | Alternatives | $14.1 | $8.6 | 64% | | **Total** | **$386.4** | **$341.9** | **13%** | [Results of Operations](index=36&type=section&id=Results%20of%20Operations) Q1 2025 revenue increased **13%** year-over-year to **$621.4 million**, with operating expenses up **8%**, leading to a **29%** rise in operating income to **$153.6 million** Revenue Breakdown - Q1 2025 vs Q1 2024 | Revenue Type | Q1 2025 (in millions) | Q1 2024 (in millions) | % Change | | :--- | :--- | :--- | :--- | | Management fees | $513.0 | $459.4 | 12% | | Performance fees | $(3.6) | $(13.1) | 73% | | Shareowner servicing fees | $61.4 | $57.2 | 7% | | Other revenue | $50.6 | $48.2 | 5% | | **Total revenue** | **$621.4** | **$551.7** | **13%** | Operating Expenses Breakdown - Q1 2025 vs Q1 2024 | Expense Type | Q1 2025 (in millions) | Q1 2024 (in millions) | % Change | | :--- | :--- | :--- | :--- | | Employee compensation and benefits | $181.5 | $165.8 | 9% | | Long-term incentive plans | $44.1 | $50.4 | (13)% | | Distribution expenses | $132.1 | $122.4 | 8% | | **Total operating expenses** | **$467.8** | **$432.5** | **8%** | - For FY2025, the company anticipates an adjusted compensation to revenue ratio of **43% to 44%** and mid- to high-single-digit growth in adjusted non-compensation expenses[127](index=127&type=chunk)[134](index=134&type=chunk) [Non-GAAP Financial Measures](index=42&type=section&id=Non-GAAP%20Financial%20Measures) Q1 2025 adjusted operating income was **$156.6 million** with a **32.2%** margin, and adjusted diluted EPS increased to **$0.79** year-over-year GAAP to Non-GAAP Reconciliation Highlights - Q1 2025 vs Q1 2024 | Metric | Q1 2025 (Adjusted, in millions) | Q1 2024 (Adjusted, in millions) | | :--- | :--- | :--- | | Adjusted Revenue | $486.5 | $426.8 | | Adjusted Operating Income | $156.6 | $128.2 | | Adjusted Operating Margin | 32.2% | 30.0% | | Adjusted Net Income Attributable to JHG | $124.6 | $114.4 | | Adjusted Diluted EPS | $0.79 | $0.71 | [Liquidity and Capital Resources](index=43&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2025, the company held **$1.07 billion** in cash, maintaining a strong capital position with a **$340.8 million** surplus above regulatory requirements Key Liquidity Data | Account | March 31, 2025 (in millions) | December 31, 2024 (in millions) | | :--- | :--- | :--- | | Cash and cash equivalents held by the Company | $1,072.9 | $1,190.9 | | Investments held by the Company | $540.5 | $474.1 | | Long-term debt | $395.2 | $395.0 | - The company holds capital of **£264.0 million ($340.8 million)** above its FCA-supervised regulatory group requirement as of March 31, 2025[150](index=150&type=chunk) - On April 30, 2025, the Board approved a new share buyback program authorizing the repurchase of up to **$200.0 million** of common stock[152](index=152&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=49&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes in market risk exposure were reported compared to the prior year's Annual Report on Form 10-K - There were no material changes in the company's market risk exposure compared to the 2024 year-end report[168](index=168&type=chunk) [Controls and Procedures](index=49&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of March 31, 2025, with no material changes to internal control over financial reporting - Based on an evaluation as of March 31, 2025, the CEO and CFO concluded that the company's disclosure controls and procedures were effective[169](index=169&type=chunk) - No material changes to internal control over financial reporting occurred during the first quarter of 2025[170](index=170&type=chunk) PART II. Other Information [Legal Proceedings](index=50&type=section&id=Item%201.%20Legal%20Proceedings) Information regarding legal proceedings, including a class action lawsuit concerning the 401(k) plan, is detailed in Note 16 of the financial statements - Information regarding legal proceedings is provided in Note 16 of the financial statements[171](index=171&type=chunk) [Risk Factors](index=50&type=section&id=Item%201A.%20Risk%20Factors) This section refers to the risk factors discussed in the company's Annual Report on Form 10-K for the year ended December 31, 2024 - There are no new risk factors presented; the report refers to the risks discussed in the Annual Report on Form 10-K for the year ended December 31, 2024[172](index=172&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=50&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **619,423** shares at an average price of **$43.23** in Q1 2025, with a new **$200 million** buyback program approved in April 2025 - On April 30, 2025, the Board of Directors approved a new share buyback program authorizing the repurchase of up to **$200.0 million** of common stock[174](index=174&type=chunk) Common Stock Repurchases - Q1 2025 | Period | Total Shares Purchased | Average Price Paid | Value of Shares Remaining (in millions) | | :--- | :--- | :--- | :--- | | Jan 2025 | 426,000 | $42.60 | $62 | | Feb 2025 | 193,423 | $44.63 | $53 | | Mar 2025 | 0 | $0.00 | $53 | | **Total** | **619,423** | **$43.23** | **-** | [Other Information](index=50&type=section&id=Item%205.%20Other%20Information) No director or Section 16 officer adopted, modified, or terminated any Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during Q1 2025 - No director or Section 16 officer adopted, modified, or terminated any Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during Q1 2025[181](index=181&type=chunk) [Exhibits](index=52&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including CEO and CFO certifications and Inline XBRL documents for financial reporting - Key exhibits filed include certifications from the CEO (Ali Dibadj) and CFO (Roger Thompson) pursuant to Sarbanes-Oxley Sections 302 and 906[182](index=182&type=chunk)

[First Quarter 2025 Results Overview](index=1&type=section&id=First%20Quarter%202025%20Results%20Overview) [Financial Highlights](index=1&type=section&id=Financial%20Highlights) Janus Henderson reported solid Q1 2025 results with year-over-year improvements in net flows, operating revenues, and income, alongside AUM growth and a new strategic partnership Q1 2025 Key Financial Metrics (GAAP vs. Adjusted) | Metric | Q1 2025 | Q4 2024 | Q1 2024 | | :--- | :--- | :--- | :--- | | **GAAP Basis** | | | | | Operating Income (US$ millions) | 153.6 | 197.5 | 119.2 | | Diluted EPS (US$) | 0.77 | 0.77 | 0.81 | | **Adjusted Basis** | | | | | Adjusted Operating Income (US$ millions) | 156.6 | 204.7 | 128.2 | | Adjusted Diluted EPS (US$) | 0.79 | 1.07 | 0.71 | - Assets Under Management (AUM) reached **US$373 billion** as of March 31, 2025, a **6% increase year-over-year**[7](index=7&type=chunk) - The company experienced **net inflows of US$2.0 billion** in the first quarter of 2025, with positive flows in both Intermediary and Institutional channels[7](index=7&type=chunk) - A strategic partnership was announced with Guardian, which includes managing a **US$45 billion fixed income portfolio** and up to **US$400 million in seed capital**[7](index=7&type=chunk) [CEO Statement and Strategic Outlook](index=1&type=section&id=CEO%20Statement%20and%20Strategic%20Outlook) CEO Ali Dibadj highlighted solid Q1 results, emphasizing capital returns and the strategic Guardian partnership as key to future growth and navigating market uncertainty - The CEO highlighted **solid Q1 results** with YoY improvements in net flows, operating revenues, operating income, and EPS[4](index=4&type=chunk) - The new buyback authorization and dividend increase reflect **excellent cash flow** and a continued commitment to capital return[4](index=4&type=chunk) - The strategic partnership with Guardian is expected to amplify several areas of the business and demonstrates that Janus Henderson is a destination for sophisticated assets[5](index=5&type=chunk) - The company is focused on leveraging its diversity in AUM, clients, geographies, and investment capabilities to manage the uncertain environment effectively[6](index=6&type=chunk) [Share Repurchase and Dividend](index=2&type=section&id=Share%20Repurchase%20and%20Dividend) The Board increased the quarterly dividend by 3% to US$0.40 per share and authorized a new US$200 million share repurchase program - The Board declared a **3% increase in the quarterly dividend to US$0.40 per share**[7](index=7&type=chunk)[11](index=11&type=chunk) - A new share repurchase program was authorized for up to **US$200 million of common shares**, valid until the 2026 Annual General Meeting[7](index=7&type=chunk)[11](index=11&type=chunk) - In Q1 2025, the company purchased approximately **0.6 million shares for a total of US$27 million**[10](index=10&type=chunk) [Assets Under Management (AUM) and Flows](index=3&type=section&id=AUM%20AND%20FLOWS) [AUM and Flow Trends](index=3&type=section&id=AUM%20and%20Flow%20Trends) Total AUM was US$373.2 billion as of March 31, 2025, with net inflows of US$2.0 billion driven by Fixed Income, despite overall market/FX movements Total AUM and Flows (in US$ billions) | Period | Opening AUM (US$ billions) | Net Sales / (Redemptions) (US$ billions) | Market / FX (US$ billions) | Closing AUM (US$ billions) | | :--- | :--- | :--- | :--- | :--- | | **Q1 2025** | 378.7 | 2.0 | (7.5) | 373.2 | | **Q4 2024** | 382.3 | 3.3 | (10.1) | 378.7 | | **Q1 2024** | 334.9 | (3.0) | 20.7 | 352.6 | Q1 2025 Net Flows by Capability (in US$ billions) | Capability | Net Sales / (Redemptions) (US$ billions) | | :--- | :--- | | Equities | (4.2) | | Fixed Income | 5.6 | | Multi-Asset | (0.6) | | Alternatives | 1.2 | | **Total** | **2.0** | Average AUM by Capability (in US$ billions) | Capability | Q1 2025 (US$ billions) | Q4 2024 (US$ billions) | Q1 2024 (US$ billions) | | :--- | :--- | :--- | :--- | | Equities | 231.1 | 235.5 | 212.7 | | Fixed Income | 87.8 | 81.4 | 70.6 | | Multi-Asset | 53.4 | 53.8 | 50.0 | | Alternatives | 14.1 | 13.5 | 8.6 | | **Total** | **386.4** | **384.2** | **341.9** | [Investment Performance](index=4&type=section&id=INVESTMENT%20PERFORMANCE) [Benchmark Outperformance](index=4&type=section&id=Benchmark%20Outperformance) Janus Henderson showed strong long-term investment performance with 77% of AUM outperforming benchmarks over three years, though short-term performance was weaker % of AUM Outperforming Benchmark (as of March 31, 2025) | Capability | 1-year | 3-year | 5-year | 10-year | | :--- | :--- | :--- | :--- | :--- | | Equities | 20% | 69% | 49% | 63% | | Fixed Income | 89% | 84% | 90% | 87% | | Multi-Asset | 3% | 94% | 98% | 97% | | Alternatives | 74% | 83% | 100% | 100% | | **Total** | **34%** | **77%** | **65%** | **73%** | - Overall long-term performance is solid, with **77% of AUM outperforming over 3 years** and **73% over 10 years**[7](index=7&type=chunk)[18](index=18&type=chunk) [Morningstar Quartile Rankings](index=4&type=section&id=Morningstar%20Quartile%20Rankings) Mutual funds demonstrated strong peer performance, with 71% of AUM in the top two Morningstar quartiles over one year and 84% over ten years % of Mutual Fund AUM in Top 2 Morningstar Quartiles (as of March 31, 2025) | Capability | 1-year | 3-year | 5-year | 10-year | | :--- | :--- | :--- | :--- | :--- | | Equities | 57% | 65% | 66% | 83% | | Fixed Income | 91% | 80% | 72% | 70% | | Multi-Asset | 94% | 94% | 96% | 96% | | Alternatives | 98% | 83% | 66% | 100% | | **Total** | **71%** | **73%** | **72%** | **84%** | [Financial Disclosures](index=6&type=section&id=FINANCIAL%20DISCLOSURES) [Condensed Consolidated Statements of Comprehensive Income](index=6&type=section&id=Condensed%20consolidated%20statements%20of%20comprehensive%20income) Q1 2025 GAAP revenues were US$621.4 million, with operating income of US$153.6 million and diluted EPS of US$0.77 Q1 2025 Income Statement Highlights (in US$ millions) | Item | Q1 2025 (US$ millions) | Q4 2024 (US$ millions) | Q1 2024 (US$ millions) | | :--- | :--- | :--- | :--- | | Total Revenue | 621.4 | 708.3 | 551.7 | | Total Operating Expenses | 467.8 | 510.8 | 432.5 | | **Operating Income** | **153.6** | **197.5** | **119.2** | | Net Income Attributable to JHG | 120.7 | 121.8 | 130.1 | | Diluted EPS (in US$) | 0.77 | 0.77 | 0.81 | [Condensed Consolidated Balance Sheets](index=8&type=section&id=Condensed%20consolidated%20balance%20sheets) As of March 31, 2025, total assets were US$7.12 billion, with total equity at US$4.83 billion, reflecting an increase from year-end 2024 Balance Sheet Highlights (in US$ millions) | Item | 31 Mar 2025 (US$ millions) | 31 Dec 2024 (US$ millions) | | :--- | :--- | :--- | | Cash and cash equivalents | 1,083.6 | 1,217.2 | | Intangible assets and goodwill, net | 4,067.6 | 4,023.7 | | **Total Assets** | **7,117.4** | **6,963.1** | | Long-term debt | 395.2 | 395.0 | | **Total Equity** | **4,826.5** | **4,718.1** | [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Condensed%20consolidated%20statements%20of%20cash%20flows) Q1 2025 saw minimal cash from operating activities at US$2.8 million, with a net decrease in cash of US$129.1 million for the period Cash Flow Summary (in US$ millions) | Activity | Q1 2025 (US$ millions) | Q4 2024 (US$ millions) | Q1 2024 (US$ millions) | | :--- | :--- | :--- | :--- | | Operating Activities | 2.8 | 247.3 | (5.0) | | Investing Activities | (227.3) | 44.3 | (54.3) | | Financing Activities | 79.6 | (518.9) | (179.2) | | **Net Change During Period** | **(129.1)** | **(270.0)** | **(245.8)** | [Reconciliation of GAAP to Non-GAAP Measures](index=7&type=section&id=Reconciliation%20of%20non-GAAP%20financial%20information) This section reconciles GAAP to adjusted non-GAAP financial measures, highlighting adjustments for pass-through fees and non-recurring items Q1 2025 GAAP to Adjusted Reconciliation (in US$ millions) | Metric | GAAP (US$ millions) | Adjustments (US$ millions) | Adjusted (Non-GAAP) (US$ millions) | | :--- | :--- | :--- | :--- | | Revenue | 621.4 | (134.9) | 486.5 | | Operating Expenses | 467.8 | (137.9) | 329.9 | | **Operating Income** | **153.6** | **3.0** | **156.6** | | Net Income Attributable to JHG | 120.7 | 3.9 | 124.6 | - Management uses non-GAAP measures, which adjust for items like pass-through distribution fees, acquisition-related expenses, and amortization of certain intangible assets, to better reflect ongoing operations[28](index=28&type=chunk)[32](index=32&type=chunk) [Supplementary Information](index=5&type=section&id=Supplementary%20Information) [Conference Call Information](index=5&type=section&id=Conference%20Call%20Information) Details for the Q1 2025 results conference call and webcast, held on May 1, 2025, were provided for participants - The Q1 2025 results presentation by CEO Ali Dibadj and CFO Roger Thompson was held via conference call and webcast on **May 1, 2025, at 9:00 a.m. ET**[23](index=23&type=chunk) [Forward-Looking Statements Disclaimer](index=9&type=section&id=Forward-Looking%20Statements%20Disclaimer) The report includes a standard disclaimer for forward-looking statements, noting inherent risks and uncertainties that could impact future performance - The press release contains forward-looking statements that involve known and unknown risks and are not guarantees of future performance[35](index=35&type=chunk) - Key risks that could affect future results include changes in interest rates and inflation, financial market volatility, investment performance, and client redemptions[36](index=36&type=chunk)

Group 1 - Janus Henderson Group plc (NYSE: JHG) is rated as a Buy for investors focused on capital appreciation and long-term investments [1] - The stock price has recently decreased from a high of $46 [1] Group 2 - The author of the article has a beneficial long position in the shares of JHG [2] - The article expresses the author's own opinions and is not compensated beyond Seeking Alpha [2]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-38103 JANUS HENDERSON GROUP PLC (Exact name of registrant as specified in its charter) Jersey, Channel Islands (State or other ...

Janus Henderson Group plc (NYSE:JHG) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Ali Dibadj - Chief Executive Officer Roger Thompson - Chief Financial Officer Conference Call Participants Brennan Hawken - UBS Craig Siegenthaler - Bank of America Bill Katz - TD Cowen Ken Worthington - JPMorgan Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Mike Brown - Wells Fargo Michael Cyprys - Morgan Stanley Operator Good morning. My name is Adam, and I will be your conference ...

Q4 AND FULL-YEAR 2024 RESULTS Friday, January 31, 2025 Ali Dibadj Chief Executive Officer Roger Thompson Chief Financial Officer 2024 IN REVIEW We continue to build upon the momentum being generated in our business 2 Generated net inflows of $2.4 billion, a meaningful improvement compared to the past two years and competitively differentiated in delivering positive active flows Delivered positive net new revenue in the second half of the year Maintained a resilient net management fee rate Expanded different ...

For the quarter ended December 2024, Janus Henderson Group plc (JHG) reported revenue of $708.3 million, up 24.6% over the same period last year. EPS came in at $1.07, compared to $0.82 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $690.87 million, representing a surprise of +2.52%. The company delivered an EPS surprise of +11.46%, with the consensus EPS estimate being $0.96.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

Janus Henderson Group plc (JHG) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.46%. A quarter ago, it was expected that this company would post earnings of $0.80 per share when it actually produced earnings of $0.91, delivering a surprise of 13.75%.Over the last four quarters, the ...

Exhibit 99.1 Janus Henderson Group plc Reports Fourth Quarter and Full-Year 2024 Results LONDON — Janus Henderson Group plc (NYSE: JHG; "JHG," "Janus Henderson," or the "Company") published its fourth quarter and full-year 2024 results for the period ended December 31, 2024. Fourth quarter 2024 operating income was US$197.5 million compared to US$164.7 million in the third quarter 2024 and US$143.7 million in the fourth quarter 2023. Adjusted operating income, adjusted for one-time, acquisition and transact ...