Hansard Global falls on lower annual new business additions

Hansard Global

27/07/2023 11:21

** Savings provider Hansard Global's  HSD.L  shares down as
much as 10.9% at 40p
    ** If losses hold, set to post biggest single-session loss
in more than a year
    ** Company says FY new business down 28.9% at 85.7 mln
pounds ($111.06 mln), based on present value of new business
premiums
    ** Says new business impacted by general hesitancy by
clients to commit to long-term savings products
    ** As of last close, stock up 14.2% YTD
   
 ($1 = 0.7717 pounds)

 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com))