Prudential PLC (STU:PRU)

€ 8.35 0 (0%) Market Cap: 22.99 Bil Enterprise Value: 26.06 Bil PE Ratio: 14.46 PB Ratio: 1.38 GF Score: 35/100

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€8.65 (-4.95%)

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€11.8 (+3.51%)

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€11.9 (-11.19%)

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€11.7 (-2.50%)

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Aug 10, 2022
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€13.1 (+5.65%)

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€16.97 (+3.55%)

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€16.58 (-0.87%)

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€13.86 (+4.12%)

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€11.27 (-10.48%)

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€15.04 (-3.60%)

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€17.39 (+0.90%)

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Q1 2021 Prudential PLC Business Update Call Transcript

May 13, 2021 / 08:45AM GMT

Release Date Price: €16.68 (-1.15%)

Transcript

Operator

Ladies and gentlemen, welcome to the Business and Jackson Demerger Update for 2021 Annual General Meeting. My name is Brika, and I'll be today's moderator. (Operator Instructions) And now I'll hand over to your host, Mike Wells to begin. So Mike, please go ahead when you're ready.

Michael Andrew Wells

Prudential plc - Group Chief Executive & Executive Director

Thank you, Brika. Good morning, everybody, and welcome to the conference call on our first quarter 2021 trading update in advance of today's AGM. I'm Mike Wells, I'm Group CEO. I'm joined today by Mark FitzPatrick, Group CFO and COO; Nic Nicandrou, our CEO of Asia; and Ben Bulmer, Interim CFO of PCA.

We're going to cover 2 key areas today. Firstly, the performance of our continuing operations in Asia and Africa over the first 3 months of this year; and secondly, an update on the timing of the U.S. demerger.

As you heard at our prelims in March, we have a clear strategy focused on structural growth opportunities in Asia and Africa. We have the scale and diversity of our franchise,

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