Trade M&G plc - MNG CFD

M&G plc Company profile

About M&G PLC

M&G PLC is a United Kingdom-based savings and investment company. The Company manages investments for both individuals and for institutional investors, such as pension funds. The Company serves its savings and insurance customers under the Prudential brand in the United Kingdom and Europe and for asset management in South Africa, and under the M&G Investments brand for asset management clients in the rest of the world. The Company operates across two operating segments: Savings & Asset Management, and Heritage. The Company's segment Savings and Asset Management business provide a range of retirement, savings, and investment management solutions to its retail and institutional customers and clients. The Heritage Segment comprises its annuities and corporate pensions businesses. The Company also provides model portfolio services and asset management solutions. The Company serves customers to approximately 29 markets.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, M&G PLC revenues increased 26% to £17.77B. Net income decreased 93% to £83M. Revenues reflect increase in net premium earned. Net income was offset by Movements in third-party interest in con increase from £109M (income) to £1.02B (expense), Restructuring costs increase of 30% to £193M (expense), Interest expense increase of 5% to £161M (expense). Dividend per share remained flat at £0.18.

10 Fenchurch Avenue
LONDON
EC3M 5AG
GB