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Prudential Plc H1 Profit Down, Adj. Profit Rises; Backs Outlook, Plans Addl. $0.3 Bln Buyback

Source: Nasdaq

Corporate EarningsCompany FundamentalsCorporate Guidance & Outlook

Prudential PLC reported a first-half profit decline, but said adjusted operating profit rose year over year. The company pointed to growth in APE sales and higher insurance revenue, partially offsetting the headline profit weakness. Net takeaway: operating trends improved, but investors will likely focus on what drove the reported profit drop.

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