Interim div 6.6 pence/shr (Il Sole 24 Ore Radiocor) - London, 04 Sep - The UK asset management company M&G said that in the six months to June 30 adjusted operating profit before tax fell to 375 million pounds to 390 million a year earlier.

The company posted a net loss of 56 million pounds against a net profit of 75 million pounds.

The interim dividend per share improved to 6.6 pence from 6.5.

Shareholder solvency II coverage ratio improved to 210% from 203% at the end of 2023.

"We are making good progress on our financial targets, in particular on the upgraded operating capital generation target of 2.7 billion pounds by end of 2024, and the upgraded cost savings target of 220 million pounds by end of 2025," the company said.

"Our dividend policy of delivering stable or growing dividends to our shareholders remains unchanged," it added.

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(RADIOCOR) 04-09-24 18:58:48 (0532) 5 NNNN