Legal & General Group Plc (LGEN) Q2 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Legal & General Group Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.659 Good morning, and a warm welcome to those of you in the room and to those joining online. 00:00:06.659 -- 00:00:11.725 Just a few housekeeping points to start. Firstly, to those in the room, please make sure 00:00:11.725 -- 00:00:16.931 you've turned your devices to silent. In the event that the firearm sounds, 00:00:16.931 -- 00:00:19.815 colleagues will guide you towards the nearest exit. 00:00:19.815 -- 00:00:23.857 The normal forward-looking statements apply. 00:00:23.920 -- 00:00:30.220 Our running order will be as follows. Antonio will open with a summary of our H1 results. 00:00:30.220 -- 00:00:35.848 and an update on the progress we are making in delivering against our strategy. 00:00:35.848 -- 00:00:40.536 Jeff will cover the financial results in more detail, and then Antonio will make closing 00:00:40.536 -- 00:00:46.722 statements before opening to Q&A. Antonio, over to you. 00:00:50.230 -- 00:00:53.295 Thank you, Ed, and good morning, everybody. 00:00:53.295 -- 00:00:58.639 It's great to see you here. So we've made a good start 00:00:58.639 -- 00:01:04.609 to the year. Headline half-year numbers show core operating profit 00:01:04.609 -- 00:01:09.999 slightly up compared to last year. We have grown our store 00:01:09.999 -- 00:01:12.964 of future profit by 7%, 00:01:12.964 -- 00:01:17.769 and our solvency ratio remains strong at 223%. 00:01:19.225 -- 00:01:24.352 So to reiterate what we said eight weeks ago at our capital markets event, we 00:01:24.352 -- 00:01:29.840 expect the full year core operating profit to grow by mid-single 00:01:29.840 -- 00:01:34.985 digits year on year, reflecting the strength of our business. 00:01:35.348 -- 00:01:39.755 So at the capital markets event on the 12th of June, we set out a clear...