Aug 08, 2023 / 07:30AM GMT
Steven Levin - Quilter plc - CEO & Director
Good morning, everyone, and thank you for joining us today. We'll cover 2 things this morning. First, our business and financial performance during the first half of the year. And second, I'll take you through the initiatives we're driving to strengthen our business around the strategic priorities I set out in March. Executing our plans will take time, but 6 months in and despite a tough external environment, I'd say we're in good shape, having delivered sharply improved profits and higher operating margins, and we are focused on improving our business to deliver faster growth and higher returns.
Let me start by summarizing the key financial highlights. Adjusted profit of GBP 76 million was up 25% on last year, with an operating margin of 24%, up 4 percentage points. That reflects strong cost performance, as well as the benefit of higher interest rates. Mark will get into the detail later. We've accelerated our Simplification plans. We expect to achieve the target a year early. So the GBP 73 million on this slide will become GBP 45 million by the end
Half Year 2023 Quilter PLC Earnings Call Transcript
Aug 08, 2023
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers