Old Mutual H1 Earnings Call Highlights
4 Articles
4 Articles
Old Mutual H1 Earnings Call Highlights
Old Mutual (LON:OMU) reported improved interim operating performance for 2026, with management pointing to progress on its strategy, cost-reduction program and banking expansion while announcing a further ZAR 1 billion share buyback. Chief Executive Officer Jurie Strydom said the insurer and financ
Old Mutual boosts dividend despite profit drop
Financial services group Old Mutual has dropped profit in the first half of 2026 as weaker investment returns and lower insurance earnings offset underlying operating performance. IFRS profit after tax attributable to shareholders dropped 5% to R3.89 billion from R4.1% billion reported in the same period last year. Headline earnings also declined 5.5% to R3.93 billion, while adjusted headline earnings took a sharp fall of 30% to R2.95 billion. T…
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