Aon reports third quarter 2023 results

Third quarter key metrics total revenue increased 10% to $3.0 billion, including organic revenue growth of 6% operating margin increased 150 basis points to 23.4%, and operating margin, adjusted for certain items, increased 120 basis points to 24.3% eps increased 16% to $2.23, and eps, adjusted for certain items, increased 15% to $2.32 for the first nine months of 2023, cash flows from operations was $2,174 million, and free cash flow decreased 4% to $1,971 million third quarter highlights repurchased 2.6 million class a ordinary shares for approximately $850 million announced the acceleration of its aon united strategy across aon business services, risk capital and human capital, and the aon client leadership model, including a cash restructuring charge of ~$900 million, which is expected to drive ~$350 million in annual, run-rate savings by the end of 2026 announced the acquisition of ngs seguros and signed a definitive agreement to acquire global insurance brokers, both expected to expand presence and risk capital capabilities in latin america and india, respectively dublin , oct. 27, 2023 /prnewswire/ -- aon plc (nyse: aon) today reported results for the three months ended september 30, 2023. net income attributable to aon shareholders increased 12% to $456 million, or $2.23 per share on a diluted basis, compared to $408 million, or $1.92 per share on a diluted basis, in the prior year period.
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