AMP Ltd (FRA:AMP)

€ 0.93 0.01 (1.09%) Market Cap: 2.42 Bil Enterprise Value: 18.71 Bil PE Ratio: 41.08 PB Ratio: 1.06 GF Score: 44/100

Half Year 2022 AMP Ltd Earnings Call Transcript

Aug 11, 2022 / 01:00AM GMT

Release Date Price: €0.775

Transcript

Alexis Ann George

AMP Limited - CEO, MD & Director

Good morning, everyone. And let me start by paying my respects to the traditional areas of the land on which we hold this meeting today, which for me is the Gadigal people of the Eora Nation. And I'd like to pay my respects to the traditional owners of the land from which you all are calling into from today. Of course, I'm joined by our CFO, James Georgeson, to talk through our half year results. It is hard to believe that it's a year since I started with AMP. And I feel we're making good progress on our strategy and our commitments. Today, I want to start with an overview of our first half results and our key achievements before handing over to James to walk through the details. We'll then update on the progress against the strategy before we take questions.

So we present today's results facing into an uncertain economic environment. Inflation is at 6.1% and has increased at the fastest annual pace in 21 years, increasing the cost of living for our people. Central banks around the world are raising interest rates most for the first time

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