AIM I bought at 93
target is at least 200

Final Results

What has happened to HSD?

False alarm. Just a problem with Am. Sorted.

Results for the six months ended 31 December 2016

Hansard Global plc ("Hansard" or "the Group"), the specialist long-term savings provider, issues its results for the six months ended 31 December 2016. All figures refer to the six months ended 31 December 2016 ("H1 2017"), except where indicated.

SUMMARY

· As announced in our January new business announcement, new business levels were £74.9m for H1 2017 on a Present Value of New Business Premiums ("PVNBP") basis, up 33% from H1 2016;

· IFRS profits were £4.4m for the period, down from £4.9m in H1 2016. Profits were reduced by a £0.7m provision made for potentially irrecoverable balances due from a broker;

· EEV profit after tax was £8.5m (H1 2016: £1.2m) as EEV continued to benefit from favourable stock market and foreign exchange gains. New business margin has improved to 1.3% positive for H1 2017 (H1 2016: 0.4% negative);



· Assets under administration have increased since 30 June 2016 by £78m or 8% to £1 billion;

· As announced in our January new business announcement, we have signed a strategic alliance with Union Insurance Company PSC ("Union Insurance") to enable growth in the United Arab Emirates ("UAE"). This proposition was launched at an event in Dubai on 8 February 2017;

· The Board has declared an unchanged interim dividend of 3.6p per share. Whilst the Board also expects to maintain its final dividend for H2 2017 at the same level as in 2016 (5.3p per share), looking further forward, the Group's new business growth will require additional cash resources before we see the returns from this investment. The Board has therefore decided that, from H1 2018, it will be necessary to implement a reduction of 50% in the level of the dividend.

Panmure Gordon Buy 100.50 143.00 143.00 Reiterates

Trading update for the period ended 31 March 2017


Hansard Global plc ("Hansard" or "the Group"), the specialist long-term savings provider, issues its new business results for the quarter ended 31 March 2017. All figures refer to this period ("Q3 2017"), except where indicated.

Summary

· We have maintained our trend of increasing levels of new business during the quarter, with the Far East and Latin America now following the success achieved in the Middle East and Rest of World regions;

· New business for Hansard International Limited ("Hansard International") for Q3 2017 was £38.9m in PVNBP ("Present Value of New Business Premiums") terms, approximately 28% higher than Q3 2016;

· As previously announced, our strategic alliance with Union Insurance Company PSC in the UAE was launched during Q3 2017;

· Assets under administration have increased since the last quarter by £41m or 4% to £1.04 billion;

· The Group traded profitably during the period and remains strongly capitalised.


Gordon Marr, Group Chief Executive Officer, commented:
"It is pleasing to see such strong rates of new business growth and for it to extend across all the regions in which we operate. We are delighted with the positive reception from our distribution partners in the UAE around our alliance with Union Insurance and look forward to achieving growth in that area in the coming year."

R N S i see it as p/ warning lowering divi buy on further weakness 50p BB

Hmmmm.

28 Sep 2017 Declaration of final dividend and Announcement of results for the year ended 30 June 2017.

Half yearly results and interim dividend declaration 22 Feb 2018.

Plop!