• Aucun résultat trouvé

Admiral Group plc 28 April 2010 Interim Management Statement

N/A
N/A
Protected

Academic year: 2022

Partager "Admiral Group plc 28 April 2010 Interim Management Statement"

Copied!
1
0
0

Texte intégral

(1)Admiral Group plc 28 April 2010 Interim Management Statement Admiral Group plc (‘Admiral’ or ‘the Group’) today releases its Interim Management Statement covering the period 1 January to 28 April 2010. Unless otherwise stated, figures quoted are for the quarter ended 31 March 2010, with comparatives reflecting the position compared against the same quarter in 2009. Comment from Henry Engelhardt, Chief Executive “I’m pleased to report that our business has continued to grow and prosper in the last 3 months. “Admiral’s UK car insurance business had another great quarter. We grew vehicle count by 19% year on year, reaching the 2 million milestone and we continued to increase premium rates through Q1. “Internationally our direct insurance operation in the US launched its first TV campaign and our price comparison businesses in France and Italy opened for business.” Group highlights.      . Group turnover* Q1 2010 increased by 28% to £345 million Group vehicle count increased 20% to 2.22 million UK ancillary contribution per vehicle showed a modest improvement versus FY 2009 Turnover from non-UK car insurance increased by 31% to £21 million Confused.com turnover decreased 5%, margins remain under pressure Annualised investment return on sterling funds of 0.9% (Q1 2009: 2.2%) No change in claims trends from last year Our financial position remains strong Performance to date puts us on track to meet analysts’ consensus profit estimates for 2010. * Turnover is defined as total premiums written (including co-insurers’ shares) and other revenue Further information For further information please contact: Financial Dynamics Rob Bailhache. 0207 269 7200. Admiral Group plc Alistair Hargreaves. 0292 043 5528. WorldReginfo - 8686ae9c-ff6c-4473-83fa-ec96bb9832da.   .

(2)

Références

Documents relatifs

We continue to remain focussed on maintaining the quality of our business.” Highlights Group turnover* Q1 2011 increased by 56% to £539 million Group vehicle count increased 33% to

These arrangements maintain Admiral’s use of both short- and long-term reinsurance as part of its low risk, low capital approach to car insurance underwriting.” Group highlights

Independent review report to Admiral Group plc Introduction We have been engaged by the company to review the condensed set of financial statements in the half-yearly financial

Group turnover* Q3 09 increased by 22% v Q3 08 to £294 million Number of customers increased 17% to 2.01 million UK ancillary contribution per vehicle remains stable

Group turnover* year to date increased by 18% v Q1 2008 to £270m Number of customers increased 18% to 1.85m UK vehicles insured rose 16% to 1.67m UK ancillary contribution per

Independent review report to Admiral Group plc Introduction We have been engaged by the company to review the condensed set of financial statements in the half-yearly financial

ADMIRAL GROUP PLC 2008 INTERIM FINANCIAL STATEMENTS Independent review report to Admiral Group plc Introduction We have been engaged by the company to review the condensed set

That the Directors be generally and unconditionally authorised pursuant to Section 801 of the Companies Act 1985 the “Act” to exercise all the powers of the Company to allot