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HSD Hansard Global News Story

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Hansard Global H1 pretax profit rises fivefold

Overview

Specialist savings provider's H1 pretax profit rises 5-fold to £2.6 mln

New business sales grew modestly by 0.2% yr/yr

Company launched Japan proposition post period end

Outlook

Hansard expects full-year profitability to improve despite non-recurring H1 gains

Company sees growing sales momentum and strengthening distributor sentiment

Hansard anticipates gradual momentum build in Japan through H2 2026

Result Drivers

PRODUCT ENHANCEMENTS - Enhanced product features led to a rebound in Q2 sales, contributing to overall new business growth

JAPAN LAUNCH - Successful launch of Japan proposition post period end, marking operational go-live for locally licensed proposition

OPERATIONAL IMPROVEMENTS - Increased profitability supported by operational progress and favorable market conditions

Company press release: ID:nRSE3738Va

Key Details

MetricBeat/MissActualConsensus Estimate
H1 Basic EPSGBP 0.02
H1 Pretax ProfitGBP 2.60 mln
Analyst Coverage The one available analyst rating on the shares is "strong buy" Wall Street's median 12-month price target for Hansard Global PLC is GBp65.00, about 27.5% above its March 4 closing price of GBp51.00 The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 35 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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