M&G plc posts record H1 operating profit of £435m, up 15%

seekingalpha.com

M&G plc reported its best half-year operating profit since listing in 2019, reaching GBP 435 million, a 15% increase year-on-year, driven by strong growth in Asset Management and PruFund. The company's strategic pivot is delivering results, with high-quality capital-light earnings now comprising 80% of total earnings. This growth was supported by good net inflows from open business despite a volatile macroeconomic environment, continuing momentum from a strong 2025. M&G's 2023 strategic priorities focused on financial strength and simplification to set up long-term success, with the company now transitioning to a growth phase. The results were presented during the September 3, 2026 earnings call.


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