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Stock impact report

Prudential posts 11% profit growth in 2024, eyes over 10% growth in 2025 [Yahoo! Finance]

Prudential Public Limited Company (PUK) 
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
The company's new business profit rose by 11% to $3,078 million, while its operating free surplus from in-force insurance and asset management business remained steady at $2,642 million. Prudential's adjusted operating profit before tax saw a 10% increase to $3,129 million, and the adjusted operating profit after tax rose by 7% to $2,582 million, the company said in a statement, adding that its earnings per share based on the adjusted operating profit were 89.7 cents per share, an 8% increase from 2023. The company's Group EEV equity stood at $44.2 billion, and it maintained a strong capital position with a free surplus ratio of 234%. It completed $1,045 million in share buybacks under its $2 billion program announced in June 2024, which is now e Read more
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