M&G plc (MNG) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to the M&G PLC Half-Year 2023 Results Presentation. We will now go live to Luca Cagliardi, Director of Investor Relations. Luca, please go ahead. Good morning, everyone, and welcome to MNG's 2023 Healthier Results. It's a pleasure to have you all here today. As usual, we'll have a short presentation from Andrea and Catherine. They'll take you through that, and then we'll have more than enough time for questions for those in the room and also online. So without further ado, I'll leave it to Andrea. Thank you. For you. And welcome to M&G's 2023 after results. It's a pleasure to be here with you today, giving an update on our performance and our progress towards delivering our three strategic priorities. In March, we spoke about what kind of company you want to be. One that uses its differentiated, balanced and integrated business model to deliver better 5,000. Today, we confirm that ambition and how we are achieving it. I was confident about MNG's future when I joined nearly one year ago, and I'm even more confident now. At a time of macroeconomic volatility, we have delivered strong operational and financial results. In the first part of this presentation, I will focus on our financial highlights and business achievements, Catherine will then expand on the financial results, our first under the new IFRS 17 accounting standards. I'm proud to say that our half-year results evidence a strong performance with meaningful year-on-year growth in both adjusted operating profit and operating capital generation. In a short period of time, we have progressed significantly on our three priorities. Financial strength, simplification, and growth. In these six months, we have seen how M&G differentiates its business model, really delivers value to client...