BRIEF-Prudential Posts Q1 APE Sales Up 4 Per Cent To $1,677 Million

Reuters

Apr 30

April 30 (Reuters) - Prudential PLC PRU.L:

Q1 APE SALES WERE UP 4 PER CENT TO $1,677 MILLION
QTRLY NEW BUSINESS MARGIN INCREASED 2 PERCENTAGE POINTS
CURRENT TARIFF UNCERTAINTY DOES NOT DIRECTLY IMPACT OUR BUSINESS BUT HAS RESULTED IN GLOBAL ECONOMIC AND MARKET VOLATILITY
Q1 NEW BUSINESS PROFIT ON A TRADITIONAL EMBEDDED VALUE (TEV) BASIS UP 12 PER CENT TO $608 MLN.

Further company coverage: PRU.L

((Reuters.Briefs@thomsonreuters.com;))

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