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Direct Line Insurance Group PLC (LSE:DLG), which agreed in December to be taken over by Aviva, has also announced results, with strong growth and a turnaround in motor profitability, alongside solid non-motor business too. CEO Adam Winslow says the turnround strategy launched last July "has made a marked difference to the company's performance, and we have good momentum across all our business lines".
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, providing investment ideas and sparking discussions on their potential. Edtech company Udemy is seen as on the rise and is a Strong Buy from Weebler Finance. Jumia Technologies shows resilience and growth potential in African e-commerce, despite market skepticism and low stock prices.
Aviva plc (OTCPK:AVVIY) Q4 2024 Earnings Call February 27, 2025 4:00 AM ET Company Participants Amanda Blanc - Chief Executive Officer Charlotte Jones - Chief Financial Officer Conference Call Participants Andrew Hughes - Macquarie Research Abid Hussain - Panmure Liberum Nasib Ahmed - UBS Dominic O'Mahony - BNP Paribas Exane William Hawkins - KBW Larissa van Deventer - Barclays Capital Thomas Bateman - Mediobanca Andrew Baker - Goldman Sachs Amanda Blanc Good morning, everyone, and thank you for joining us for our Full Year 2024 Results Presentation. So as always, I'll give you a brief update on our performance before Charlotte takes you through the results in more detail.
Aviva CEO Amanda Blanc joins Squawk Box after the company beat expectations for its annual profits, reporting a 20% increase to £1.7 billion. The British insurer said it's confident in its outlook for this and next year, adding that its proposed acquisition of rival Direct Line is on track.
Aviva PLC (LSE:AV.) seemed to deliver higher profits than expected for last year and rewarded investors with a 7% dividend increase.
Aviva: Direct Line Expected Acquisition Doesn't Change Its Income Appeal
Aviva PLC (LSE:AV.) may shock investors next week when it releases results for 2024, that's the view from analysts at UBS.
Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows.
Aviva PLC has announced receipt of a loan to aid its £3.7 billion takeover of peer Direct Line Insurance Group PLC. Citibank had “successfully completed the syndication of a majority of its commitments” under a facility agreement, Aviva said on Wednesday.
Aviva PLC's (LSE:AV.) proposed acquisition of rival Direct Line can be a huge win, according to analysts at JP Morgan who have upgraded the insurer to overweight with a 615p target.