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AAP

Business

Adrian Black

AMP leaders defend share price, tout AI future

Amp Lukas Coch Artificial Intelligence North

AMP chair Mike Hirst says the company is focused on enhancing productivity gains with AI. (Joel Carrett/AAP PHOTOS)

Wealth management giant AMP has defended a post-earnings share price tumble, instead asking investors to look to its future.

Asked about the more than 25 per cent share price drubbing in February when it reported an 11 per cent fall in full-year profit, chair Mike Hirst said it had been a particularly volatile reporting season.

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