Strong Asset Management Growth
Assets under management rose more than 19% over the past year, with net inflows of GBP 4.3 billion for the half year. Adjusted earnings per share grew by 15%, and the dividend per share increased to 6p.
Operating Margin Expansion
Operating margins expanded to 32.1%, up from 30.5% in the previous period.
Successful Sanlam U.K. Transaction
The acquisition of Sanlam U.K. added GBP 1.9 billion of assets, enhancing the firm's growth prospects.
Positive Market Conditions
Improved market conditions contributed to strong equity and fixed income performance, particularly in emerging markets.