Legal & General’s (L&G) group operating profit rose by 12% during 2022 to hit £2.5bn, according to its full-year results.
The firm's results - published today (8 March) - noted all four of its divisions were "well positioned to execute on compelling structural market opportunities and collectively to deliver profitable growth over the medium and long term". The company's full-year dividend was 19.37p, a 5% increase from 18.45p in 2021. Outgoing group chief executive Nigel Wilson said: "We have delivered another strong result in 2022, ahead of market expectations." However, the results showed Legal & General Investment Management (LGIM) delivered lower operating profit of £340m, compared to £422m in 20...
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