Aviva PLC 2016 Preliminary Results Announcement
Mark Wilson, Group Chief Executive Officer, said:
"Aviva’s results are simple and clear cut: more operating profit, more capital, more cash, more dividend. And there is more to come.
Aviva’s financial position has been transformed and a distinctly stronger balance sheet and excess capital give Aviva more options. We are now actively planning a capital return to our shareholders and debt reduction in 2017 and will invest further to grow our businesses.
The numbers speak for themselves. Fund management delivered a breakout year with strong positive net flows and operating profit up 30%. General insurance is growing, with operating profit up 17%1 , and in UK Digital we have doubled online registrations to five million. We are becoming a digital disruptor for the benefit of our customers.
In 2016 we made strong progress on our commitments of cash flow and growth. Reflecting these results, we are increasing the total dividend per share by 12% to 23.3p."