Personal Group released a solid set of FY21A results, with Adj EBITDA of £6.1m (slightly ahead of our £6.0m forecast), and a Diluted Adj EPS of 12.7p (7% ahead of our 11.9p forecast). Following 17 months of Covid-related restrictions on the company's ability to conduct new insurance policy sales (the primary channel having always been face-to-face), the group was able to resume building its policy book during H2/21A. This is being complemented by significant progress underway to grow the non-ins ....
29 Mar 2022
Cenkos: Personal Group Holdings Plc -- FY21A results ahead of expectations
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Cenkos: Personal Group Holdings Plc -- FY21A results ahead of expectations
Personal Group Holdings Plc (PGH:LON) | 160 0 0.0% | Mkt Cap: 50.2m
- Published:
29 Mar 2022 -
Author:
Peter Renton -
Pages:
10
Personal Group released a solid set of FY21A results, with Adj EBITDA of £6.1m (slightly ahead of our £6.0m forecast), and a Diluted Adj EPS of 12.7p (7% ahead of our 11.9p forecast). Following 17 months of Covid-related restrictions on the company's ability to conduct new insurance policy sales (the primary channel having always been face-to-face), the group was able to resume building its policy book during H2/21A. This is being complemented by significant progress underway to grow the non-ins ....