Aviva Stock: First-Half Profit Rises 24% as Direct Line Boosts Results
TLDR
- First-half operating profit rose 24% to £1.33 billion, beating the £1.26 billion analyst forecast
- Direct Line acquisition drove general insurance gross written premiums up 29% to £8.1 billion
- Wealth management net inflows jumped 32% to £7.6 billion
- Cash remittances surged 47% to £1.5 billion; Aviva reiterates three-year financial targets
- Interim dividend raised 7% to 14 pence per share
Aviva posted first-half operating profit of £1.33 billion, up 24% from £1.07 billion a year earlier. The result beat the £1.26 billion analyst consensus. The stock was trading up 0.84% at 719.60p following the release.
Operating earnings per share rose 10% to 31.8p. That keeps Aviva on track for its 11% compound annual growth target through 2028.
The Direct Line acquisition, completed for £3.7 billion, was a key driver. General insurance gross written premiums climbed 29% to £8.1 billion, ahead of the £7.8 billion consensus forecast.
Today we’ve announced our half year 2026 results.
We’ve delivered very strong results in the first half of 2026, our sixth consecutive year of excellent financial performance.
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