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    ADM   GB00B02J6398

ADMIRAL GROUP PLC

(ADM)
  Report
Delayed London Stock Exchange  -  11:35 2022-09-27 am EDT
1976.50 GBX   -2.64%
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UK car insurer Admiral first-half pre-tax profit halves

08/10/2022 | 02:17am EDT
FILE PHOTO: A mechanic uses a hand held computer to try to diagnose a vehicle in for repair at his garage in San Diego

LONDON (Reuters) - Admiral posted a 48% fall in pre-tax profit in the first half to 251.3 million pounds ($303.50 million), the UK motor insurer said on Wednesday.

"Although, as expected, profit has decreased against last year, the unique conditions of the pandemic years make 2019 a better comparison - with profit and customer numbers increasing by 19% and 35% respectively since then," Admiral Chief Executive Milena Mondini de Focatiis said in a statement.

The company said it would pay a total interim dividend, which included a further special dividend following the sale of the Penguin Portals comparison businesses, of 105 pence per share.

($1 = 0.8280 pounds)

(Reporting by Huw Jones, editing by Sinead Cruise)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ADMIRAL GROUP PLC -2.64% 1976.5 Delayed Quote.-35.70%
DIRECT LINE INSURANCE GROUP PLC -2.63% 185.35 Delayed Quote.-31.77%
SABRE CORPORATION 0.10% 5.065 Delayed Quote.-41.09%
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Analyst Recommendations on ADMIRAL GROUP PLC
More recommendations
Financials
Sales 2022 826 M 888 M 888 M
Net income 2022 407 M 438 M 438 M
Net Debt 2022 252 M 271 M 271 M
P/E ratio 2022 14,9x
Yield 2022 8,18%
Capitalization 5 986 M 6 436 M 6 436 M
EV / Sales 2022 7,55x
EV / Sales 2023 6,83x
Nbr of Employees 11 317
Free-Float 76,0%
Chart ADMIRAL GROUP PLC
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Technical analysis trends ADMIRAL GROUP PLC
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 2 030,00 GBX
Average target price 2 328,00 GBX
Spread / Average Target 14,7%
EPS Revisions
Managers and Directors
Milena Mondini de Focatiis Chief Executive Officer & Executive Director
Geraint Allan Jones Chief Financial Officer & Executive Director
Annette Elizabeth Court Non-Executive Chairman
Charlotte Bennett Head-Information Technology
Jean C. Park Independent Non-Executive Director
Sector and Competitors
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