Full Year 2024 Just Group PLC Earnings Call Transcript

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Mar 07, 2025

Mar 07, 2025 / 09:30AM GMT
David Richardson - Just Group PLC - Group Chief Executive Officer, Executive Director

Good morning, everybody, and welcome to our 2024 full-year results presentation. I'm David Richardson, Chief Executive of Just Group plc. And alongside me is Mark Godson, our Group CFO. We also have our senior executive team dotted around the room today. I've seen you talking to them already, but please feel free to chat to them afterwards as well.

So let's jump straight into the highlights of the results today. I'm delighted that we have produced another excellent set of results and continue to fulfill our purpose to help people achieve a better later life. We've remained focused and disciplined and delivered record sales and profits together with a robust and resilient capital base.

We remain sharply focused on increasing shareholder value. The tangible net asset value is up another 30p to 254p per share. And the return on equity has reached a new high, a new record, increasing to over 15%.

Now, driving that is the outstanding growth in profits, which are up 34% to GBP504 million, equivalent

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