Overview
UK workforce benefits and insurance provider's preliminary FY25 revenue rose 11% yr/yr
Preliminary adjusted EBITDA up 22%, ahead of market expectations
Company announced a 41% increase in full-year dividend
Outlook
Company aims to deliver £100m revenue, £30m EBITDA and £20m SaaS ARR by 2030
Result Drivers
INSURANCE SALES - Co said record insurance sales were driven by face-to-face sales model, improved operational discipline and increased relevance of offerings
RECURRING REVENUE - Over 90% of reported revenue derived from recurring sources of insurance and SaaS subscriptions, providing revenue visibility
Company press release: ID:nRSX8553Xa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
GBP 7.29 mln
FY Pretax Profit
GBP 8.41 mln
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the life & health insurance peer group is "buy"
Wall Street's median 12-month price target for Personal Group Holdings PLC is GBp416.00, about 37.7% above its March 23 closing price of GBp302.00
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
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(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.)