Just Group (Just) has reported H1 profit for the period of £51m as it gears up for its sale to Brookfield Wealth Solutions (BWS), with underlying operating profit experiencing a dip.
The profit for the period figure was 6% down on H1 2024's, which stood at £54m. Total comprehensive income for H1 2025 was £51m, an improvement on H1 2024's £50m. Just reported adjusted profit before tax of £217m (H1 2024: £267m), with £152m of this deferred to the insurer's contractual service margin. Profit before tax for H1 2025 was therefore £65m (H1 2024: £74m). Underlying operating profit was reported at £192m (H1 2024: £249m), a 23% slide on the same period the prior year. The underlying operating profit dip was driven by lower new business margins on lower sales, offset ...
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