AMP Limited (NZX:AMP) provided an update on 2020 interim operating earnings that include the impact of the ongoing crisis due to COVID-19. AMP anticipates reporting retained business unit operating earnings of nearly AUD 195 million.
- Australian wealth management – 1H 20 anticipated operating earnings nearly AUD 60 million
- AMP Capital – 1H 20 expected operating earnings of almost AUD 70 million
- AMP Bank – 1H 20 expected operating earnings of around AUD 50 million
AMP shall present an update on its capital management strategy on 13 August 2020.