AON's FY2014 revenues up 2% to USD 12 billion

11 February 2015 — Vlad BOLDIJAR
AON Plc reported for the financial year 2014, total revenues of USD 12 billion, 2% more compared to the prior year. By divisions, Risk Solutions total revenue increased 1% to USD 7.8 billion and HR Solutions total revenue increased 5% to USD 4.3 billion.

Net income attributable to AON shareholders for 2014 increased 26% to USD 1.4 billion compared to USD 1.1 billion for the prior year, while the value of net income per share increased 32% to USD 4.66 per share (vs. USD 3.53 per share in 2013). 

According to the press release, cash flow from operations increased 1% to a record USD 1.6 billion in 2014 driven primarily "by growth in net income and a decline in pension contributions, partially offset by an unfavorable impact from timing of significant receivable collections in the prior year period". 

During 2014, the Company repurchased approximately 25.8 million Class A Ordinary Shares for USD 2.25 billion at an average price of USD 87.18 per share.

Read the full release here.

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