Prudential heads into results season with cash generation the key test

robot
Abstract generation in progress

Prudential PLC is approaching its full-year results on March 17th, with Deutsche Bank highlighting cash generation as the critical metric to watch, rather than just profit. The bank expects new business value of $2.7 billion and IFRS operating profit of $3.25 billion, but emphasizes the importance of an updated cash profile from new business. Investors will be keen to see if the improvement in cash generation, previously driven by Hong Kong and Singapore, has been sustained and broadened across other markets in Southeast Asia and Africa.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin