Organic capital consumption declined to £36 million from £82 million in H1 2018. New business strain declined by half to £47 million compared to the year-ago period. Solvency coverage ratio was 149% on 30 June 2019 compared to 136% as on 31 December 2018.
IFRS profit before tax was £125 million compared to £46 million in the year-ago period. Operating profit from new business was down 39% year over year to £74 million in H1 2019.
On 4th September 2019, at the time of writing, GMT 08:12 AM, JUST shares were quoted at GBX 41.66, down 4.66 points or 10.06% over the previous day closing price.