JUST GROUP PLC Annual Report and Accounts 2019
8
chief executive officer’s statement
The changes we made to our business model have delivered positive organic capital generation in 2019 – a significant milestone on our journey to build a sustainable capital trajectory for the Group
focusing on capital and value
capital is the group’s number one priority
DAVID RICHARDSON Group Chief Executive Officer
Solvency ii capital coverage ratio (estimated) 141 % 2018: 136% (after notional recalculation of TMTP)
Organic capital generation 1
36 m
£
2018: £(165)m
adjusted operating profit before tax 1 £ 218.6 m 2018: £210.3m
1 Alternative performance measure.
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