Prudential Plc (UK) (GB:PRU) has released an update.
Prudential Plc has reported an 11% rise in new business profit to $810 million for Q1 2024, discounting economic impacts, with APE sales climbing 7% to $1,625 million. CEO Anil Wadhwani commended the growth against strong Q1 2023 comparators, citing the company’s resilient multi-market distribution model and positive consumer demand in Asia as key drivers. Despite some regional variations, Prudential’s overall business performance demonstrates a solid foundation for continued growth in 2024.
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