Legal & General Group Plc (LGEN) Q4 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.936 So good morning and a warm welcome, both to those of you in the room and to those joining 00:00:04.936 -- 00:00:06.337 online. 00:00:06.337 -- 00:00:10.961 I'm Michelle Moore, Group Strategy and Investor Relations Director. 00:00:10.961 -- 00:00:14.544 To start, a few housekeeping points. 00:00:14.544 -- 00:00:20.550 Firstly, to those in the room, please make sure you have turned your devices to silent. 00:00:20.550 -- 00:00:25.675 In the event the fire alarm sounds, colleagues will guide you to the nearest exit 00:00:25.675 -- 00:00:29.292 and the normal forward-looking statements apply. 00:00:29.292 -- 00:00:32.756 Our running order for today will be as follows. 00:00:32.756 -- 00:00:37.961 Antonio will open with a summary of our full year results and an update of the progress 00:00:37.961 -- 00:00:41.505 we're making in delivery against our strategy. 00:00:41.505 -- 00:00:46.370 Jeff will cover the financial results in more detail, and then Antonio will make closing 00:00:46.370 -- 00:00:51.575 statements before opening to Q&A, at which point he will be joined by Jeff 00:00:51.575 -- 00:00:55.079 and the CEOs of our three businesses to take your questions. 00:00:55.079 -- 00:00:58.040 Antonio, over to you. 00:01:01.237 -- 00:01:04.301 Thank you. Thank you, Michel, and good morning. 00:01:04.301 -- 00:01:07.967 It's great to see everyone. 00:01:07.967 -- 00:01:13.495 We've had a great year with strong financial performance and significant strategic 00:01:13.495 -- 00:01:15.137 progress. 00:01:15.137 -- 00:01:19.203 Our core operating profit is up 6% at £1.6 00:01:19.203 -- 00:01:21.106 billion, 00:01:21.106 -- 00:01:26.474 and our capital generation is £1.8 billion, both demonstrating the positive 00:01:26.474 -- 00:01:29.367 fun...