The company said total revenue for Q2 2024 (the 3-month period ended June 30) increased to $3.8 billion, up 18%, and organic revenue growth was 6%. The company said the acquired revenue from NFP was reflected, and it cited currency translation as an unfavorable impact of 1%.

1. 01

   The company said total revenue for Q2 2024 (the 3-month period ended June 30) increased to $3.8 billion, up 18%, and organic revenue growth was 6%. The company said the acquired revenue from NFP was reflected, and it cited currency translation as an unfavorable impact of 1%.

2. 02

   Aon said operating income for Q2 decreased 22% to $656 million, and its operating margin was 17.4%. Adjusted operating income increased 19% to $1,029 million, and its adjusted operating margin was 27.4%.

3. 03

   Aon said cash flows from operations for the first six months of 2024 (6 months) decreased 27% to $822 million, and free cash flow also decreased 27% to $721 million. The company cited higher receivables, including those from NFP, and payments for transaction and integration costs as factors that reduced cash flow.

4. 04

   The company said it completed the acquisition of NFP, at an enterprise value of $13.0 billion, on Q2. In the same quarter, it repurchased 0.8 million class A ordinary shares for approximately $250 million. As of June 30, 2024, the remaining authorization under its share repurchase program was approximately $2.8 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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