abrdn Reports Strong First-Half Performance Amid Growth at Interactive Investor
abrdn reported a strong first-half performance for 2026, with adjusted operating profit rising by 21% to £151 million and net capital generation increasing by 47% to £163 million. The company maintained its interim dividend of 7.3p per share and reaffirmed its full-year guidance. Growth was primarily driven by Interactive Investor, the direct-to-consumer platform, which saw a record £6.8 billion in net inflows, customer growth of 14% to 525,000 users, and adjusted operating profit up 18% to £84 million. Despite this positive momentum, abrdn noted continued challenges within its Adviser business, where net outflows widened to £1.3 billion from £900 million in the prior year. Management now expects a return to inflows for this segment to take longer than previously anticipated. The company also announced plans to redeem £210 million of Tier 1 debt by December 2026, supported by strong investment performance and capital coverage.
Topics: capital generation dividend policy financial performance growth strategy