Aug 10 (Reuters) - Magellan Financial Group Ltd MFG.AX :
* Says FY total revenue up 17 percent to $333.8 million
* FY net operating profit from ordinary activities after tax up by 14% to $198.4 million
* Final dividend 38 cents per share
* Employee expenses to increase by about 15-18% in 2016/17 financial year
* Not unreasonable to expect some periods when the funds will not outperform or will lag their benchmarks"
* Source text for Eikon ID:nASXgfBTr