Aviva H1 IFRS Profit After Tax Totals £776 Mln - Quick Facts

(RTTNews) - Insurer Aviva Plc (AV, AV.L) reported first-half IFRS profit after tax of 776 million pounds, in contrast to the 624 million pounds loss last year. On a continuing operations basis, half-yearly IFRS profit attributable to equity shareholders of Aviva Plc totaled 693 million pounds, compared with the prior year's restated loss of 688 million pounds.

For the six-month period, pre-tax profit attributable to shareholders' profits was 1.11 billion pounds, versus a loss of 403 million pounds, as restated, a year ago.

On a MCEV basis, profit attributable to Aviva's equity shareholders surged to 1.08 billion pounds, from 15 million pounds a year earlier. MCEV earnings after tax attributable to Aviva's ordinary shareholders were 35.4 pence in the first half, sharply higher than the previous year's 0.2 pence.