Old Mutual Limited (ODMUF) Q2 2024 Earnings Call Transcript

Old Mutual Limited (OTCPK:ODMUF) Q2 2024 Results Conference Call September 26, 2024 5:00 AM ET
Company Participants
Langa Manqele – Interim Head, Investor Relations
Iain Williamson – Chief Executive Officer
Casper Troskie – Chief Financial Officer
Zulfa Abdurahman – Chief Risk Officer
Kerrin Land – Managing Director, Personal Finance and Wealth Management
Clarence Nethengwe – Managing Director, Mass and Foundation Cluster
Nico van der Colff – Chief Actuary
Ranen Thakurdin – GM Group Reporting and Insights
Conference Call Participants
Warwick Bam – RMB Morgan Stanley
Langa Manqele
Good day, everyone. Thank you for joining us for our interim results for the period ended 30th June 2024. I’m Langa Manqele, the Head of Investor Relations for the Old Mutual Group. On behalf of our Board and the executive team, it is my pleasure to welcome you all at this presentation. [Operator Instructions]
Now turning on to our agenda for the day. We will begin with our Group CEO, Iain Williamson. He will kick us off with a strategic review. He will be shortly followed by Casparus Troskie, the Group CFO, who will take us through the financial review. Iain will then come back to conclude with the takeaways. After that, I will pick up the session from there to facilitate the Q&A.
And with that, I would like to hand over to you Iain. Thank you.
Iain Williamson
Thanks, Langa, and a warm welcome to everyone. We appreciate your presence on this call. Today, I’d like to start by highlighting five key messages of our H1 2024 performance. We sustained our top line growth in revenue, our profits and margins are resilient, our cash generation is robust, we’ve continued to enhance shareholder returns and we’ve made significant progress and strategic delivery over the last 6 months. We’ve delivered strong cash generation, sustained top line growth and enhanced shareholder value.