Standard Life Earnings Call Transcripts
Fiscal Year 2026
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The acquisition creates the UK's largest retirement savings and income business, delivering significant scale, enhanced digital and advisor capabilities, and £0.8 billion in net synergies. Integration is phased over several years, with strong shareholder support and a focus on capital-light growth.
Fiscal Year 2025
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Delivered strong financial and operational progress, with 5% OCG growth, 15% higher IFRS profit, and robust customer outcomes. On track for 2026 targets, prioritizing deleveraging and future growth, while benefiting from favorable market and regulatory trends.
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Strong H1 results with 9% growth in operating cash generation and 25% rise in operating profit, supported by improved solvency and leverage ratios. Strategic execution and cost savings underpin progress toward 2026 targets, with robust growth across all business segments.
Fiscal Year 2024
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Strong 2024 results included a 22% rise in operating cash generation, upgraded cash and profit targets, and robust growth across pensions, savings, and annuities. Focus remains on deleveraging, digital innovation, and cost efficiency to support sustainable dividends.
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Strong H1 2024 results with 19% growth in operating cash generation and 15% higher adjusted operating profit. On track to meet or exceed full-year and 2026 targets, supported by cost savings, new product launches, and robust capital management.