AMP profit boosted by AXA merger

Company News

Financial services group AMP Limited (ASX:AMP) has kicked off another busy day on the reporting calendar with a fairly flat full year result.

Net Profit for the 2012 financial year lifted only 2 per cent from the previous year.

AMP declared a final dividend of 12.5 cents per share, 65 per cent franked.

Chief executive Craig Dunn attributed said the standout performance of the Wealth Management business reinforces the benefit of the company’s recent merger with AXA. 

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