BCS Barclays PLC

By Ian Walker

LONDON--Barclays PLC (BARC.LN) said Thursday it is confident 2015 will be a year of "continued delivery" and is targeting 16.3 billion pounds ($24.7 billion) of savings this year as it continues running down its non-core assets, its chief executive said Thursday.

Speaking to shareholders at the annual meeting, Antony Jenkins added that the priority is to continue to strengthen the company's capital position.

"Although the global macroeconomic environment remains volatile--a situation expected to persist through the year--we believe that there will be greater clarity on regulation and on several conduct issues during 2015. This will give us much more certainty in predicting future performance," he said.

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

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