The Q3 IMS shows that the business continues to deliver significantly increased levels of new business with total sales at £30.4m PVNBP (+167%). The year to date new business sales at £86.8m was up 113% although this included a previously reported related party transaction of £8.3m in Q2. Pleasingly the sales traction seen in the previous quarters is starting to broaden out to more territories whilst pre-dividend Hansard traded profitably and generated net positive cash flow
12 May 2016
Panmure Morning Note 12-05-2016
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Panmure Morning Note 12-05-2016
Hansard Global plc (HSD:LON) | 50.6 -0.5 (-1.7%) | Mkt Cap: 69.6m
- Published:
12 May 2016 -
Author:
Barrie Cornes -
Pages:
3 -
The Q3 IMS shows that the business continues to deliver significantly increased levels of new business with total sales at £30.4m PVNBP (+167%). The year to date new business sales at £86.8m was up 113% although this included a previously reported related party transaction of £8.3m in Q2. Pleasingly the sales traction seen in the previous quarters is starting to broaden out to more territories whilst pre-dividend Hansard traded profitably and generated net positive cash flow