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AMP Limited ( (AU:AMP) ) has provided an update.
AMP Limited reported a 5% increase in revenue from ordinary activities, reaching $2,869 million for the year ended 31 December 2024. However, the company’s net profit attributable to shareholders fell by 43% to $150 million. Despite the decrease in profit, AMP announced dividends with a final dividend of 1.0 cent per share and an interim dividend of 2.0 cents per share, both franked at 20%. Throughout the year, AMP underwent several changes in its controlled entities, reflecting strategic adjustments in its operations.
More about AMP Limited
AMP Limited operates within the financial services industry, offering a range of products and services including financial planning, investment management, and insurance solutions. The company focuses on delivering comprehensive financial guidance and services to individuals and institutional clients, positioning itself as a leading provider in the market.
YTD Price Performance: 12.24%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.8B
Find detailed analytics on AMP stock on TipRanks’ Stock Analysis page.
