Aviva PLC

Latest Results (11.11.2025):

Aviva PLC’s Half Year Report for the first half of 2025 demonstrates strong financial performance with a 22% increase in operating profit to £1,068m and a 25% boost in IFRS profit to £819m compared to HY24. The results reflect significant strategic progress, including integration momentum from the Direct Line acquisition, alongside improved solvency metrics, enhanced cash remittances, and a raised interim dividend.

Operating Profit and IFRS Performance

The Group’s operating profit grew by 22% to £1,068m, while IFRS profit rose by 25% to £819m. Earnings per share increased, with operating EPS reaching 29.0p compared to 23.3p in HY24, underlining robust profitability improvements.

Improved Solvency and Cash Remittances

Aviva PLC reported a 20% increase in Solvency II operating own funds generation, reaching £909m, and Solvency II operating capital rose by 33% to £957m. Additionally, cash remittances improved by 7% to £1,022m, reinforcing the company’s strong liquidity position and capital resilience with a shareholder cover ratio of 206%.

Dividend Increase and Capital-Light Growth

The interim dividend was raised by 10% to 13.1p per share from 11.9p, reflecting the company’s confidence in its dividend support framework. Over 66% of operating profit now stems from capital-light businesses, highlighting a strategic shift towards more efficient revenue streams.

Direct Line Acquisition Progress

Although Direct Line’s H1 2025 results are not yet fully consolidated, the acquisition, completed on 1st July, is making good integration progress. The deal is expected to further strengthen Aviva PLC’s market position and contribute an estimated 10% run-rate EPS accretion, underlining the company’s focus on strategic growth and scale.