Financial services firm Just Group PLC (LSE:JUST) saw its shares bounce 6% to 81p following a first-half trading update in which it reaffirmed it is confident in achieving full-year targets.
Retirement income sales more than doubled to £1.9bn in the six months to 30 June 2023, while defined benefit de-risking sales were up 149% to £1.4bn.
"Following three years of delivering 18% average sales growth per annum, we have further demonstrated the strength of our new business model with sales in the first six months more than doubling year on year,” said chief executive David Richardson.
“I am once again very grateful for the achievements of our colleagues, which enables us to help more people achieve a better later life,” he added.