prudential plc (PUKPF) Key Developments
Prudential Capital Announces Unaudited Earnings Results for the Six Months Ended June 30, 2015
Aug 11 15
Prudential Capital announced unaudited earnings results for the six months ended June 30, 2015. For the period, operating profit before tax was £7 million against £22 million a year ago.
Prudential plc Approves Interim Dividend for the Year 2015
Aug 11 15
Prudential plc announced that the 2015 interim dividend of 12.31 pence per ordinary share will be paid on September 24, 2015 in sterling to shareholders on the principal register and the Irish branch register at 6.00pm BST on 21 August 2015, and in Hong Kong dollars to shareholders on the Hong Kong branch register at 4.30pm Hong Kong time on the record date. Holders of U.S. American Depositary Receipts (US shareholders) will be paid their dividends in US dollars on or about 1 October 2015. The interim dividend will be paid on or about 1 October 2015 in Singapore dollars to shareholders with shares standing to the credit of their securities accounts with The Central Depository (Pte.) Limited (CDP) at 5.00pm Singapore time on the record date (SG Shareholders). The dividend payable to the HK Shareholders will be translated using the exchange rate quoted by the WM Company at the close of business on 10 August 2015. The exchange rate, at which the dividend payable to the SG Shareholders will be translated into Singapore Dollars, will be determined by CDP.
Prudential plc Reports Unaudited Group Earnings Results for the Six Months Ended June 30, 2015
Aug 11 15
Prudential plc reported unaudited group earnings results for the six months ended June 30, 2015. For the period, total operating profit based on longer-term investment returns before tax was £1,881 million, profit before tax attributable to shareholders was £1,882 million and profit for the period attributable to shareholders was £1,438 million against total operating profit based on longer-term investment returns before tax of £1,521 million, profit before tax attributable to shareholders of £1,424 million and profit for the period attributable to shareholders of £1,145 million for the same period a year ago. The improvement in profitability was broad-based, with all of principal business operations in Asia, the US, UK Life and M&G reporting higher operating profit. Total revenue, net of reinsurance was £25,279 million against £30,627 million a year ago. Profit before tax (being tax attributable to shareholders' and policyholders' returns) was £2,084 million against £1,708 million a year ago. Diluted earnings per share was 56.2 pence against 44.9 pence a year ago. Net cash flows from operating activities was £2,399 million against £584 million a year ago. Net cash outflows from purchases and disposals of property, plant and equipment was £90 million against £50 million a year ago.
Prudential UK Announces Unaudited Earnings Results for the Six Months Ended June 30, 2015
Aug 11 15
Prudential UK announced unaudited earnings results for the six months ended June 30, 2015. For the period, operating profit before tax was £436 million against £366 million a year ago.
Prudential plc Announces Executive Changes
Aug 10 15
Prudential plc announced the appointment of Penny James as Group Chief Risk Officer and as an executive director on the Prudential Board from 1 September. Mrs. James was previously Director of Group Finance at Prudential, responsible for the delivery of the Group's financial results, business planning and performance monitoring. In that role, she also led Prudential's Solvency II programme and was a member of the Group Executive Risk Committee. She succeeds John Foley, who had taken on the additional role of Group Chief Risk Officer in June on an interim basis, following the departure of Pierre-Olivier Bouée. Mr. Foley retains his role as Group Investment Director and remains a member of the Group Executive Committee.