I agree with you, result exceeded expectations (see below for estimate range). Mohl flagged more capital management to come in 2006 !
Australia's AMP Forecast To Report A$854M FY Net 16/02/05 13:24:00
By Morag MacKinnon
Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)--Australian wealth manager and insurer AMP Ltd. (AMP.AU) is
expected to report full year net profit of A$854 million Thursday, bolstered by
strong investment returns and cost reductions, analysts say.
Sydney-based AMP began a comeback in the first half from its disastrous
expansion to the U.K. and investors are expecting continued strong performance
to result in a capital return to shareholders.
AMP is expected to report a net profit for the year ended Dec. 31 of A$854
million, according to the median forecast of seven analysts surveyed by Dow
Jones Newswires. Estimates range from A$815 million to A$878 million.
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