Old Mutual Ltd. ( (ODMUF) ) just unveiled an announcement.
Old Mutual Limited announced its trading statement for the year ended 31 December 2024, indicating expected ranges for key profit measures such as headline earnings and earnings per share. The results from operations were driven by strong performance in Old Mutual Insure, Wealth Management, and Old Mutual Investments, although partially offset by lower life profits in Personal Finance and investments in OM Bank. The company’s share repurchase program contributed to growth in earnings per share metrics. The financial information has not been reviewed by external auditors.
More about Old Mutual Ltd.
Old Mutual is a premium African financial services group offering a broad spectrum of financial solutions to retail and corporate customers across key market segments in 12 countries. Its primary operations are in Africa, with a niche business in China, and it has a heritage of over 179 years in sub-Saharan Africa.
YTD Price Performance: 2.42%
Average Trading Volume: 10,143
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.2B
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