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M&G reports 1H adjusted operating pretax profit of GBP435M

M&G posted 1H adjusted operating pretax profit of GBP435M, on an adjusted basis.

MNG

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06:02:27 AM UTC
SquawkNews
Analysts Saw M&G 1H Adjusted Operating Pretax Profit GBP429M
06:08:06 AM UTC
SquawkNews
Adjusted operating profit rose 15% year-over-year to £435m, with 80% from capital-light sources. Asset Management and Life segments both delivered strong growth, while the Solvency II coverage ratio improved to 247%. Strategic partnerships and AI-driven efficiencies support a positive outlook.Origi…

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