LONDON (dpa-AFX) - Legal & General Group Plc (LGEN.L), a British financial and asset management firm, said on Friday that it has reaffirmed its guidance for the full-year, amidst its continuing positive performance.
For the fiscal 2022, the company still projects to deliver full-year operating profit growth in line with the 8 percent growth delivered in the first-half with an annual capital generation of 1.8 billion pounds.
The company also expects its Solvency coverage ratio as of November 11 to be 225-230%, reflecting higher interest rates and strong operational surplus generation.
For the first-half, the Group had posted an operating profit of 1.160 billion pounds.
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