As of 2012, Prudential Plc, the United Kingdom’s major insurance company, saw its operating income increase up to £2.53bn or $3.8bn. for comparison sake, the company’s operating income was equal to £2.03bn. Therefore, the insurance company increased its operating income by 25% in 2012.
The analysts interviewed by Thomson Reuters, had anticipated an increase up to £2.33bn. That means that the actual figures exceeded analyst expectations. The operating income in Asian countries increased by 26%. Therefore, the company is planning to expand its business in Asia this year.
Today, the price of Prudential’s stock has increased by 2.2%. The company’s market capitalization is equal to £26.3bn. Over the last 12 months, the company’s stock has appreciated by 34%.
The chart below, courtesy of , reflects the current state of affairs in the market of Prudential Plc.
