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10-QPeriod: Q3 FY2017

Aon plc Quarterly Report for Q3 Ended Sep 30, 2017

Filed October 27, 2017For Securities:AON

Summary

Aon plc's third quarter 2017 results, as reported in their 10-Q filing on October 26, 2017, demonstrate continued operational strength amidst a dynamic market. The company reported increases in revenue and operating income, reflecting successful execution of their growth strategies and effective cost management. Investors should note the company's focus on high-growth areas and their ongoing efforts to enhance shareholder value through strategic initiatives and capital allocation.

Financial Statements
Beta
Revenue$2.34B
Operating Expenses$2.08B
Operating Income$256.00M
Interest Expense$70.00M
Net Income$185.00M
EPS (Basic)$0.72
EPS (Diluted)$0.72
Shares Outstanding (Basic)255.60M
Shares Outstanding (Diluted)257.30M

Key Highlights

  • 1Aon plc reported revenue of $2.7 billion for the nine months ended September 29, 2017, an increase from the prior year period, driven by organic growth and strategic acquisitions.
  • 2Operating income also saw an increase, reaching $857 million for the same nine-month period, indicating improved profitability and operational efficiency.
  • 3The company maintained a strong balance sheet, with total assets of $33.1 billion as of September 29, 2017.
  • 4Net income attributable to Aon plc shareholders for the nine months ended September 29, 2017, was $657 million.
  • 5Cash flow from operations remained robust, providing the company with ample liquidity to fund its operations, investments, and strategic initiatives.
  • 6The filing highlights ongoing investments in technology and data analytics to drive innovation and enhance service offerings in its risk and human capital solutions segments.
  • 7Aon continued to execute its capital return program, demonstrating a commitment to shareholder returns through share repurchases and dividends.

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