5th August 2020

Aon reports second quater financials

Aon has reported results for the second quarter. Highlights are:
-Net income from continuing operations attributable to Aon shareholders was $397m, or $1.70 per share, compared to $277m, or $1.14 per share, in the prior year period
-Operating margin increased to 23.8%, and operating margin, adjusted for certain items, increased 240 basis
points to 26.8%
-EPS increased to $1.70, and EPS, adjusted for certain items, increased 5% to $1.96
-For the first six months of 2020, cash flows from operations increased $858m to $1,219m, and free cash flow increased $875m to $1,130m.
“Our second quarter results reflect the resiliency of our business, the efficiency of our operations and the
dedicated client service of our 50,000 colleagues around the world. We delivered strong results including 240 basis points of operating margin expansion in the quarter and free cash flow of $1.1bn, up $875m from the first half last year,” said Greg Case, ceo. “We are living in a time of increasing economic and geopolitical volatility-as evidenced by the COVID-19 pandemic and broader social injustice and
unrest-which demands action within our firm and on behalf of clients. Our Aon United strategy has proven essential to delivering more relevant solutions today, and our combination with Willis Towers Watson will accelerate innovation and strengthen capability to meet the evolving, long-term challenges our clients will face in the future.”

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