
Thursday Mar 20, 2025
Unpacking Prudential PLC's 2024 Financial Surge
Join hosts Matt and Sally as they delve into Prudential PLC's 2024 financial results. In this episode, we explore the remarkable 11% increase in new business profit, a 7% rise in group EEV operating profit, and a significant jump in IFRS profit after tax. We also highlight the company's strategic focus on digital transformation, the enhancement of its distribution channels, and the development of innovative insurance products tailored to diverse customer segments.
Discover how Prudential navigated challenges in key markets like China and Vietnam, while capitalizing on strong performances in Hong Kong, Singapore, and Malaysia. We also examine the impressive growth of their asset management arm, EastSpring Investments, and the promising prospects for shareholder returns through share buybacks and dividends.
This episode provides a comprehensive analysis of Prudential's financial achievements and strategic priorities, offering insights into the company's commitment to long-term growth and shareholder value across Asia and Africa.