Full Year 2025 M&G PLC Earnings Call Transcript

Mar 12, 2026 / 10:00 AM GMT

Release Date Price: $4.12

Transcript

Key Points

Positve

M&G PLC (MGPUF) reported a strong year with 7 billion net inflows from external clients in asset management, representing nearly 4.5% of opening assets.
The company has successfully expanded its international presence, notably partnering with Daiichi Life, which contributed 400 million in net inflows.
M&G PLC (MGPUF) achieved sales of 1.5 billion in the BPA market, doubling its market share.
The company has moved all with-profits new business to a fee-based model, enhancing capitalized growth.
Assets under management grew to 345 billion, with significant growth in private markets, now totaling 81 billion.

Negative

The corporate center result deteriorated by 8 million pounds due to lower investment income.
Operating profit was stable year on year, with a marginal increase of only 2% in life profits.
The company faces headwinds from UK DB pension schemes, although these have reduced since 2023.
Progress on the cost to income ratio and growth profit was marginal, indicating room for improvement.
The solvency ratio is expected to be modestly impacted by less than 3% due to proposed changes to ground rents.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MNG.L - M&G PLC
Full Year 2025 M&G PLC Earnings Call
Mar 12, 2026 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to MNG's full year 2025 results. I'm Luca Gagliardi, Group Director of strategy and Investor Relations, and if you don't know me, this is not my real voice. I've just chosen the right day to be sick, but I'm going to keep a safe distance between me and all of you today. I'm joined today by Andrea Rossi and Catherine McClelland, our CEO and CFO. As usual, we'll go through a short presentation. And then we'll open up for questions from the analysts. So, with that, thank you very much, Andrea.

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Unidentified_2 [2]
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Let's hope my voice holds on

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