M&G Plc: 50 Million GBP In Incremental Savings In 2025
Source: SeekingAlpha
2025-03-23 12:40:23 ET
Summary
- 40 million GBP in incremental savings seem to be possible according to management into the end of 2025.
- Cost savings have been a driver of operating profit growth at the asset management arm, with AUMs resilient.
- Thanks to recent BPA deals they are managing to grow the book again and this will start driving a return to growth in the life/pension insurance business.
- The results are decent and the company is investing towards growth, but the valuation isn't particularly compelling.
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M&G Plc: 50 Million GBP In Incremental Savings In 2025
M&G Plc
NASDAQ: MGPUF
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Asset Management Services
Finance
GB
London
