Prudential plc (PUK) Q4 2025 Earnings Call Prepared Remarks Transcript

Core Viewpoint - The company achieved high-quality consistent growth in 2025, delivering double-digit growth across key financial metrics while strengthening its business operations [2][3]. Financial Performance - New business profit increased by 12% to $2.8 billion, with operating profit per share also growing by 12% [4]. - Gross operating free surplus generation rose by 15% to $3.1 billion, and the full year dividend per share was increased by 15% [4]. Capital Management - The company completed a $2 billion share buyback program and launched an additional $1.2 billion buyback in 2026 [3]. - Strong balance sheet and disciplined capital management allowed for significant capital returns to shareholders [3]. Market Performance - Broad-based growth was observed across all segments and channels, with Mainland China showing a remarkable 27% increase in new business profit [5].