Legal & General disclosed strong HY 22 results, albeit in line with the consensus’ expectations. With most of the metrics improving on a yoy and sequential basis, we believe that the strong solvency position, in an environment with (sustainable?) higher yields, should trigger capital distributions to shareholders at the year-end.
09 Aug 2022
Sustainably robust results which we expect to trigger distributions
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Sustainably robust results which we expect to trigger distributions
Legal & General Group Plc (LGEN:LON) | 254 -4.8 (-0.7%) | Mkt Cap: 15,167m
- Published:
09 Aug 2022 -
Author:
Grégoire Hermann -
Pages:
3
Legal & General disclosed strong HY 22 results, albeit in line with the consensus’ expectations. With most of the metrics improving on a yoy and sequential basis, we believe that the strong solvency position, in an environment with (sustainable?) higher yields, should trigger capital distributions to shareholders at the year-end.