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Legal & General expects 2025 core operating profit to grow 6%-9%
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Legal & General expects 2025 core operating profit to grow 6%-9%
Jun 16, 2025 11:55 PM

LONDON, June 17 (Reuters) - British insurer Legal &

General ( LGGNF ) expects 2025 group core operating earnings per

share to grow between 6% and 9%, in line with its three-year

targets, it said on Tuesday.

It will announce a strategy for its asset management

unit later on Tuesday, including plans to become a more

capital-light business, sell more third-party financial products

and provide clients with more sophisticated investment

solutions.

The company reiterated its 2028 targets, which include

delivering 500 to 600 million pounds ($679 to $814 million) in

operating profit by increasing earnings through fees charged to

clients while reducing costs.

Last month, Legal & General ( LGGNF ) announced the merger of two of

its investment units as part of efforts to cut costs and

simplify its business.

($1 = 0.7369 pounds)

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