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Friday 07 August 2015 by Company updates

Old Mutual 1H15 results update

THIS CONTENT IS SUITABLE FOR WHOLESALE INVESTORS ONLY

Old Mutual has posted a strong set of 1H15 results overnight

Key points:

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.

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