InvestSMART

AMP Limited (ASX:AMP)

ALERT: Price-sensitive ASX Announcement for AMP
Current share price for AMP : $2.520 0.34 (15.60%)+
Announcement
Release
6 Aug 2026 8:19AM
Price at Release
$2.180
Full Release
download
Summary
The AMP 1H 26 Results Presentation highlights robust financial performance with a 33% increase in underlying NPAT to $174 million, driven by growth in Platforms, Superannuation & Investments (S&I), and Chinese partnerships. Statutory NPAT rose by 57% to $154 million, reflecting the conclusion of most legacy litigation matters. Positive cash flows were recorded for the first time since 2017, with a net influx of $76 million. AMP's EBIT margin improved to 30.7% and return on equity reached 9.8%. The report also outlines strategic priorities including innovation in retirement solutions, leveraging AI, and optimizing capital management in AMP Bank. Furthermore, AMP is focused on scaling its Chinese partnerships and enhancing shareholder returns through disciplined cost management and capital efficiency.
Key Points
  • Underlying NPAT increased 33% to $174 million.
  • Statutory NPAT rose 57% to $154 million.
  • First positive net cash flows since 2017 at $76 million.
  • EBIT margin improved to 30.7%.
  • Return on equity reached 9.8%.
  • AMP is focusing on retirement innovation and AI implementation.
  • Strategic emphasis on capital management and efficiency.
  • Chinese partnerships contributed significantly to profits.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.