Old Mutual flags 25%-35% drop in H1 adjusted headline earnings

Reuters2026/08/31 07:34

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Old Mutual posted 21% growth in life APE sales to R million 7,857 for the six months ended June 30, 2026.
Gross flows rose 21% to R million 128,911. Net client cash flow improved to an outflow of R million 3,128 from R million 10,125.
Value of new business increased 32% to R million 569. New business margin improved to 1.4% from 1.3%.
Gross written premiums rose 3% to R million 14,934. Net underwriting margin at Old Mutual Insure fell to 7.6% from 9.7%.
Interim profit measures: results from operations seen up 2%-12% to R million 5,039-5,533; adjusted headline earnings down 25%-35% to R million 2,733-3,153.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Old Mutual Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S602375), on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Old Mutual flags 25%-35% drop in H1 adjusted headline earnings

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