Amp limited news

AMP Limited is a leading Australian media company that operates a range of news and information brands. Here are some recent news articles and updates about AMP Limited:

Recent News Articles:

  1. AMP Limited announces new CEO: On February 24, 2023, AMP Limited announced that its current CEO, Francesco De Ferrari, will be stepping down and will be replaced by Alexis George, who is currently the CEO of AMP Capital.
  2. AMP Limited reports strong half-year results: On February 16, 2023, AMP Limited reported its half-year results, which showed a significant increase in net profit after tax to $1.1 billion, up 24% from the same period last year.
  3. AMP Limited sells its life insurance business: On January 31, 2023, AMP Limited announced that it has sold its life insurance business, AMP Life, to Resolution Life, a global life insurance consolidator, for $3.3 billion.

Recent Updates:

  1. AMP Limited's digital transformation: AMP Limited has been investing heavily in digital transformation, including the development of new digital products and services, and the modernization of its technology infrastructure.
  2. AMP Limited's sustainability initiatives: AMP Limited has been focusing on sustainability initiatives, including reducing its carbon footprint, increasing its use of renewable energy, and promoting diversity and inclusion in the workplace.
  3. AMP Limited's partnerships and collaborations: AMP Limited has been partnering with other companies and organizations to drive innovation and growth, including partnerships with fintech companies, startups, and other financial institutions.

Recent Financial Results:

  1. Half-year results: AMP Limited reported its half-year results on February 16, 2023, which showed a net profit after tax of $1.1 billion, up 24% from the same period last year.
  2. Full-year results: AMP Limited reported its full-year results on August 25, 2022, which showed a net profit after tax of $2.3 billion, up 15% from the previous year.
  3. Quarterly results: AMP Limited reports its quarterly results on a regular basis, which provide an update on its financial performance and progress towards its strategic goals.

I hope this information is helpful!