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Prudential is attractive for investors as it delivers another set of strong results

12th August 2014 Print

As Prudential reports half year results Sheridan Admans, investment research manager at The Share Centre, explains what they mean for investors.
 
“Prudential delivered another set of strong results this morning beating consensus estimates, with operating profits up in all major geographies and divisions. Its UK operations delivered a 10% rise in operating profits, despite significant regulatory changes affecting the retail annuity market.
 
“Prudential continued to see robust demand for its products and services in Asia and annuities in the US. The company remains confident on its geographical positioning and strategy to deliver growth.
 
“We continue to recommend Prudential as a 'buy' for investors looking for a positive investment idea that spans the US, Asia and the UK. The Asian growth story continues to remain highly attractive along with strong UK and US operations.”