Regardless of the share price action on their release, this was a strong set of results, with a record number of Legacy Insurance transactions and Program Management turning profitable for the first time. Group operating profit, which is a close representation of cashflow, more than doubled to £16m, and operating EPS was up 38% to 5.9p/share. The company is in growth mode and as such plans to retain more capital to fund this, but promises a growing dividend over time as Program Management genera ....
28 May 2021
Randall & Quilter - Final Results
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Randall & Quilter - Final Results
R&Q Insurance Holdings Ltd (RQIH:LON) | 5.5 0 3.2% | Mkt Cap: 20.6m
- Published:
28 May 2021 -
Author:
Oliver Juggins -
Pages:
9
Regardless of the share price action on their release, this was a strong set of results, with a record number of Legacy Insurance transactions and Program Management turning profitable for the first time. Group operating profit, which is a close representation of cashflow, more than doubled to £16m, and operating EPS was up 38% to 5.9p/share. The company is in growth mode and as such plans to retain more capital to fund this, but promises a growing dividend over time as Program Management genera ....