Just Group Annual Profit Falls 39 Percent on Weak Sales

Just Group reported a 39 percent fall in annual operating profit on Friday. The decline followed a drop in new business margins and retirement income sales.

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Just Group plc, a retirement income specialist based in the United Kingdom, reported a 39% decline in its annual underlying operating profit on Friday. The company attributed the slump to a significant contraction in new business margins and a reduction in retirement income sales.

The Just Group logo displayed on a mobile device against a backdrop of the company's corporate branding in this illustrative photo. REUTERS/Dado Ruvic/Illustration
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