Old Mutual has posted a strong set of 1H15 results overnight
- Underlying profit up 20% to GBP904m – 14% increase in South Africa, 31% increase from the rest of Africa and UK up 26%
- Results were ahead of market estimates of GBP850m
- Old Mutual will continue to focus on growing the emerging markets side of the business
- Increase in dividend of 8.2%
- Shares were up almost 5% following the results
For further detail please see Old Mutual's webpage for Interim Results 2015.