(Reuters) - Insurer Old Mutual posted a 5 percent rise in first-quarter operating profit on Thursday, but said it expected exchange rates and infrastructure costs to continue to hold back growth this year.
South Africa's largest insurer, which is reporting first-quarter profits for the first time since it bought Sweden's Skandia last year, said adjusted operating profit, on an IFRS basis, was 398 million pounds.
Read more at Reuters Africa
South Africa's largest insurer, which is reporting first-quarter profits for the first time since it bought Sweden's Skandia last year, said adjusted operating profit, on an IFRS basis, was 398 million pounds.
Read more at Reuters Africa
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