U.K. Companies With More Women on Executive Boards Outperform on Profits

Large U.K. firms whose executive boards are one-third female are 10 times more profitable on average than all-male boards, and the gap in performance is growing, according to gender diversity consultancy The Pipeline.

Companies on the FTSE 350 index would generate 195 billion pounds ($250 billion) of additional pretax profit if their margins matched that of the firms with greater female representation, the group’s report on Monday said.