Aviva PLC (OTCPK:AVVIY)
$ 11.96 0.02 (0.17%) Market Cap: 15.88 Bil Enterprise Value: 2.85 Bil PE Ratio: 10.18 PB Ratio: 1.36 GF Score: 68/100

Q1 2023 Aviva PLC Trading Statement Call Transcript

May 24, 2023 / 07:30AM GMT
Release Date Price: $9.98 (-5.04%)
Operator

Good morning, ladies and gentlemen, and welcome to the Aviva Q1 Analyst Call. I will now hand over to Aviva's Group CEO, Amanda Blanc.

Amanda Jayne Blanc
Aviva plc - Group CEO & Executive Director

Good morning, everyone, and welcome to Aviva's First Quarter Update. I'm joined by Charlotte, as usual. So I'll give a brief overview, and then hand over to her for some more details before we take your questions at the end.

So I think it's been another great quarter for Aviva, making really great progress. We've demonstrated once again that our strategy and the diversified business model that we have built is the right one. We posted excellent trading results this morning, delivering attractive growth across key product lines in insurance, wealth and retirement.

Our capital position remains strong at 196%, costs continue to fall and our GBP 300 million share buyback is nearing completion. We remain confident in our targets. We are confident that we will beat our cash remittance and OFG targets, and we're on track to hit our cost savings target

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