NAHL Group plc is an industry-leading outsourced marketing services provider, generating personal injury enquiries for an approved panel of national specialist solicitors (“Panel Law Firms”). We help people understand whether they have a genuine claim and if appropriate, we connect them to a specialist solicitor to manage their case.
NAHL Group plc is the parent company of National Accident Helpline ("NAH"), which was founded in 1993 in order to assist accident victims in seeking compensation and redress for injuries suffered. As the business developed there was a gradual increase in the breadth of advertising with the first national press adverts appearing in 1994 and the first UK-wide, commercial TV adverts airing in 1997.

listed on the AIM market of the London Stock Exchange


http://www.nahlgroupplc.co.uk/

Shares - This deal adds useful diversification, will boost earnings immediately and on this basis a 2015 price-to-earnings ratio of 10 and prospective yield of 7% still looks too cheap.

NAHL Group (NAH)

270p

Personal injury claims lead generator NAHL (NAH), or National Accident Helpline as it is better known to the public, is growing its core business as well as moving into a new area. This should ensure rising profit and dividends.

NAHL spends around £23 million a year on TV advertising, posters and other advertising using its Underdog brand in trying to encourage people to make claims, but it has to make sure that the (non-road traffic) accident and medical negligence personal injury leads it passes on have a strong case. The leads generated are given to a local solicitor on the company's panel that specialises in these claims. NAHL receives a fee for each lead provided based on a cost plus model. NAHL is a marketing services company not a legal business. That means that it gets paid upfront by its solicitor clients and does not have to wait a year or more to be paid like a solicitor does.

Last month, NAHL paid an initial £3 million for Fitzalan Partners, which is a profitable online marketing business that offers lead generation to lawyers and surveyors in the conveyancing sector. Fitzalan has developed a similar model to NAHL in a new area for the group and the deal is earnings enhancing.

NAHL traded slightly ahead of expectations in 2014 with underlying profit likely to come in at £12.4 million. A profit of more than £14 million is forecast for 2015 and the dividend should grow in line with profit due to the cash generative nature of the business.

The share price is more than one-third higher than May's 200p a share placing price. Even so, the shares are trading on little more than 10 times prospective 2015 earnings. House broker Investec's 2015 dividend forecast of 18.3p a share provides a prospective yield of 6.7%. A dividend of 20.3p a share is forecast for 2016.

A stock overhang has been removed with Lloyds Development Capital and Inflexion each selling their remaining 15% stakes.




http://www.iii.co.uk/articles/229430/three-attractive-aim-shares-your-isa

Final Results
RNS
RNS Number : 2355I
NAHL Group PLC
24 March 2015



24 March 2015



NAHL Group Plc

("NAHL" or the "Group")



Final Results



Results ahead of market expectations



NAHL, the leading UK consumer marketing business focused on the UK legal services market, announces its Final Results for the year ended 31 December 2014.



Financial Highlights



· Revenue from continuing operations1 up 10.4% to £43.8m (2013: £39.7m)

· Underlying operating profit2 up 29.3% to £12.7m (2013: £9.8m)

· Underlying operating profit2 margin increased by four percentage points to 29% (2013: 25%)

· Excellent cash generation with 97.6% operating cash conversion from continuing operations1

· Robust balance sheet with net cash of £1.2m at period end (net debt of £4.8m at 31 December 2013)

· Basic EPS of 20.6p (23.0p from continuing operations)

· Board proposed final dividend of 10.7p, giving total dividend of 15.7p



Operational Highlights



· Strong enquiry growth of 15.3% delivered from increased market share in all areas

· 76% of enquiries generated from faster growing non-RTA and medical negligence sectors

· Launched "Stop Nuisance Calls" campaign to drive out unsolicited texts and calls

· Post period end acquisition of Fitzalan Partners extending our core marketing expertise and panel management into another segment of the fragmented consumer legal services sector





Russell Atkinson, CEO of NAHL, commented:

"2014 was an exciting year for the Group with our successful IPO in May and continued robust growth in our revenues, profits and enquiry levels. We were pleased to deliver results ahead of market expectations. The National Accident Helpline brand, supported by the Underdog character, remains the most trusted and recognised brand in the sector.



"The proposed final dividend of 10.7p reflects the highly cash generative and stable nature of our business model as well as the Board's confidence in the Group's future potential.



"The Personal Injury market remains large and fragmented and despite our leadership position, the Group has significant opportunity to continue increasing market share while developing our product offerings.



"Following our acquisition of Fitzalan Partners post the period end, we will continue to focus on a small number of right sized income generative acquisitions that either add value to our core PI business or enable us to extend into related areas of consumer law where we can replicate our model in different markets. The combination of our brand strength, marketing expertise, anticipated enquiry growth and innovative product and service development, means we are well placed to continue our growth in 2015."





Notes

1
Continuing operations excludes the demerged PPI Claimline division and a legacy 'after the event' ("ATE") insurance product used prior to the enactment of The Legal Aid, Sentencing and Punishment of Offenders Act 2012 ("LASPO") on 1st April 2013.

2
Underlying operating profit excludes pre-LASPO ATE items, share-based payments and one-off items.


//////////////////////////////////////////////////////////////////////////////////////////////////

24 Mar Investec 350.00 Buy

Ex-Dividend
23 Apr 15 Nahl Group [NAH] (10.7 p)

AGM Statement
RNS
RNS Number : 2915O
NAHL Group PLC
27 May 2015



27 May 2015

NAHL Group PLC

("NAHL" or the "Group")



AGM Statement



NAHL (AIM: NAH), the leading consumer marketing business focused on the UK legal services market, will make the following statement at its Annual General Meeting ("AGM") to be held today at 10am:



Trading Update

The Group's new financial year has commenced well, and performance for the first four months was in line with our expectations. National Accident Helpline has performed well with good enquiry volumes, and early indications from Fitzalan Partners, our recent acquisition in the conveyancing market, are encouraging.



We expect to report good progress in the six months to 30 June 2015.



Board Change

Samantha Porteous, who has been with the Group since 2006, has indicated her wish to retire from the Board with immediate effect. Sam joined National Accident Helpline initially as CFO, becoming CEO in 2009. She took up a non-executive role on the Company's Admission to AIM in May 2014. The Board thanks Sam for her contribution to the Group and we wish her well in the next phase of her career. As planned, Gillian Kent will become Chairman of the Remuneration Committee following the AGM



As a result of this, Resolution 7, which was to approve the reappointment of Samantha Porteous as a director of the Company, will no longer be proposed at today's AGM.



Adviser Change

The Group also announces that, with effect from 29 May 2015, Investec will become sole broker while continuing to be the Group's NOMAD.

fast-growing-underdog-still-yields-6%

This fast-growing "underdog" still yields 6%
By Harriet Mann | Fri, 29th May 2015 - 16:51
Share this
This fast-growing "underdog" still yields 6% Personal injury marketing firm National Accident Helpline (NAH) has just celebrated its first year on AIM. And it's been quite a ride. The share price is up 50%, boosted by the acquisition of consumer legal marketing group Fitzalan, a cracking set of full-year results and expectations of sustainable double-digit profit growth. There's a knockout dividend yield, too.
Acting as the middle-man between personal injury claimants and a panel of 50 lawyers, enquiries from members of the public are the backbone to NAHL's success. Staff at the firm's call centre in Kettering dealt with 248,000 consumer contacts in 2014. Those were then whittled down to 83,000 enquiries suitable to pass onto its lawyers, up 15%. Of these, the company dealt with about 48,000 running cases.

And that stringent screening process is paying off, increasing the conversion rate of clean leads to enquiries to 75% last year, well above management's target of 70%.

Of the 1 million personal injury claims made in the UK each year, road traffic accidents (RTA) make up the bulk. But expansion in the once quieter areas of non-RTA and medical negligence is gathering pace, with market growth between 2011 and 2014 of 7% and 12%, respectively. NAHL's business model puts more emphasis on these typically higher-value claims, accounting for around three-quarters of enquiries. But with only a 4% share of the £3 billion personal injury market, NAHL has plenty of room to grow.

We expect the share price to settle nearer 350p over the course of 2015"
Ben Thefaut, Arden Partners

Changes to the law in 2013 prohibited marketing companies from being paid by law firms for referrals. This has wiped out some of the market and forced NAHL to adapt - the panel law firms (PLFs) now pays a chunk of NAHL's outgoings, as well as an additional margin cost, accounting for 88% of revenue. Each member pays the billed amount within the month, making the group incredibly cash generative. Over 97% of operating profit was converted into cash last year.

This gives management the freedom to reward investors with generous dividends. Currently offering 6% dividend yield, management has promised to pay out two-thirds of retained earnings to shareholders.

NAHL worked hard last year on new After the Event (ATE) insurance to fit in with new Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO) regulation. A medical negligence ATE was introduced in November and a new personal injury product will be launched next month. Along with new enhanced screening products and growth of rehab services, NAHL is focused on developing its product and brand.

After denouncing cold calling, management rely heavily on NAHL's brand image - the increasingly familiar Underdog character, created in 2010 for television and onlinemarketing. The group has spent £23 million on day-time adverts and internet advertising last year, with 86% of claimants going online. And investment is paying off with a strengthened internet presence and 20 years of experience, which puts it ahead of smaller, lesser-known firms like InjuryLawyers4U, solicitors Irwin Mitchell and First4lawyers.

We believe the growth prospects remain very encouraging, both organically through increasing market share in the higher value areas of medical negligence and non-RTA and releasing the growth constraints of Fitzalan, as well as inorganically by acquiring in related areas"
Investec Securities

Like the sound of this DC. It sounds like one to put away for income. Think I will pick up 2000 tomorrow if price below 300p.
Thanks for all your posting!


Crucially, NAHL's balance sheet is strong enough to bankroll further acquisitions, too, supported by forecast year-end net cash of £1.4 million. The purchase of Fitzalan Partners underpins the City’s double-digit earnings forecasts and broadens NAHL's exposure.

This year has gone well, so far, and Arden Partners analyst Ben Thefaut has pencilled in sales growth of 12% to £49.2 million, driving adjusted pre-tax profit up by 14% to almost £13.9 million. Earnings growth of 29% last year is still a considerable 14.4% in 2015, according to Thefaut, then 10% in 2016. On these forecasts, NAHL trades on 11.2 times forward earnings, dropping to 10.1 times. That's undemanding, and there's a prospective yield of almost 6%

I like this DC. One to put away for the income. Think I shall pick up 2000 tomorrow if the price is below 300p.
Thanks for all your posting!

Thanks david. :-))

NAHL Group PLC (NAH:LSE) set a new 52-week high during today's trading session when it reached 325.00. Over this period, the share price is up 54.31%.

Pre Close Trading Update
RNS
RNS Number : 0596T
NAHL Group PLC
15 July 2015



15 July 2015



NAHL Group plc



("NAHL" or "the Company")



Pre Close Trading Update



NAHL, a leading UK consumer marketing business focused on the UK legal services market, is today providing a trading update for the first half of its current financial year, covering the six months to 30 June 2015.



NAHL has continued to trade well. National Accident Helpline, the Company's personal injury business, has performed in line with the Board's expectations, whilst Fitzalan Partners, our recently acquired conveyancing business, has contributed well and is ahead of plan.



Cash flow and cash conversion across the Company has been strong and we end the first half with net debt of £1.2m, having acquired Fitzalan Partners for a cash consideration in the six months of £3.5m (out of a total acquisition price of £4.3m).



The Company will announce its results for the six months ended 30 June 2015 on 23 September 2015.



Russell Atkinson, CEO of NAHL, commented:



"Trading in the first half has been good. The personal injury market continues to evolve and consolidate, creating opportunities to gain market share and evaluate our options to further develop long term relationships with our panel of law firms.



"Fitzalan Partners has performed well since we acquired it in February 2015 and we are ahead on all of our KPIs. We are investing in people, brand and infrastructure and are confident that we will see an increasing contribution from the conveyancing business.



"The Board remains confident for the outlook for 2015."





-Ends-

Nothing too exciting but steady as she goes. I am expecting this to pull back to 322 and then push above the 340 to consolidate into another price band. The share seems to need a break above 340 and then hold. Good long term hold.

NAHL Group PLC (NAH:LSE) set a new 52-week high during Thursday's trading session when it reached 359.65. Over this period, the share price is up 79.23%.

six-aim-shares-survive-stockmarket-sell

NAHL (NAH)

355p

Personal injury claims appear to be one of the areas of the economy that continues to grow whatever else is happening. NAHL Group (NAH), which operates The National Accident Helpline that provides leads to solicitors, will continue to benefit from this. This is a cash generative business with solicitors paying for the lead straight away and net debt was £1.2 million at the end of June 2015, following an outflow of £3.5 million on the purchase of the Fitzalan conveyancing leads business and the payment of the final dividend for 2014. This year's dividend should be around 18p a share.

The conveyancing business is dependent on the state of the house buying market. However, its market share is small so there is potential for growth even in a poor market and it is still a small part of the group.

The share price has soared from last year's placing price of 200p a share even though many of the original shareholders have sold their stakes. The shares are trading on 13 times prospective 2015 earnings and the forecast yield is 5%.

Interim Results
RNS
RNS Number : 8674Z
NAHL Group PLC
23 September 2015

23 September 2015



NAHL Group Plc

("NAHL" or the "Group")



Interim Results





NAHL, the leading UK consumer marketing business focused on the UK legal services market, announces its interim results for the six months ended 30 June 2015.



Financial Highlights



· Continued revenue growth - up 15.0% to £25.4m (2014 H1: £22.1m)

· Strong performance from Fitzalan acquisition - contributing £1.5m of total Group revenue (H1 2014: £nil)

· Operating profit - £6.5m up 21.1% (2014 H1: £5.4m)

· Basic and diluted earnings per share of 12.5p and 12.3p respectively (2014 H1: 8.5p and 8.2p)

· Robust balance sheet - £1.2m of adjusted net debt at 30 June 2015 (2014 H1: £2.0m)

· Highly cash generative - 95.5% operating cash conversion (2014 H1: 94.4%)

· Interim dividend of 6.25p per share (2014 H1: 5.0p)



Operational Highlights



· Enquiry growth up 9.4% in the period driven by higher margin non-RTA and medical negligence cases

· Continuing product income impacted in short term by introduction of Medco but expected to return to growth during 2016 through further development of product offering to Panel Law Firms

· Successful integration of Fitzalan with ongoing investment in people, brand & infrastructure

· Launched "Ethical Marketing Charter" to stamp out nuisance marketing in the personal injury sector





Russell Atkinson, CEO of NAHL, commented:



"We are pleased to report another strong set of interim results, reflecting the ongoing progress made as the Group continues to grow. We have delivered a good performance within the core business driven by further growth of enquiry numbers illustrating the strength of our brand and the Group's market leading position.



"We have been very encouraged by the performance of Fitzalan since our acquisition. We have invested in the brand and infrastructure as well as increased staff numbers reflecting not only the growing demand from customers but also the potential to grow market share in the second half through further operational improvement and enhancing digital marketing.



"The second half has started positively. The Group remains highly cash generative, has a strong balance sheet and we are well positioned to take advantage of opportunities for further growth across a fragmented legal services market."

Acquisition of Bush & Company
RNS
RNS Number : 8815B
NAHL Group PLC
12 October 2015



THIS ANNOUNCEMENT AND THE INFORMATION IN IT, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA THE REPUBLIC OF IRELAND, JAPAN OR NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OR AN INVITATION TO ACQUIRE OR DISPOSE OF ANY SECURITIES.



12 October 2015



NAHL Group Plc

("NAHL" or "the Group")



Acquisition of Bush & Company Rehabilitation Ltd



NAHL, the leading UK consumer marketing business focused on the UK legal services market, is pleased to announce that it has conditionally agreed to acquire the entire share capital of Bush & Company Rehabilitation Ltd ("Bush & Company"), a leading UK provider of expert witness, immediate needs assessment and case management services, for a consideration of £25 million payable in cash net of estimated free cash acquired ("the Acquisition").



In addition, the Board has separately announced today a placing of new ordinary shares in NAHL to raise approximately £14.2 million, net of expenses (the "Placing"), the proceeds of which will be used to part fund the cash consideration for the Acquisition with the remainder of the consideration being funded through the Group's existing cash resources and debt facilities.



Highlights



· Proposed acquisition of Bush & Company for a consideration of £25 million payable in cash net of estimated free cash acquired

· Market leading provider of specialist services in the catastrophic injury market

· Bush & Company have a strong track record of profitable growth, good margins and attractive cash flow

· The Acquisition is in line with stated strategy, will be earnings enhancing from 2016 and broadens NAHL's offering to the PI legal services market and moves the Group into higher value critical injury claims

· A placing of 4,115,000 new ordinary shares in NAHL at 355 pence per share to raise a total of £14.2 million net of expenses

· Balance of Acquisition cost to be funded through existing cash resources and debt facilities



Acquisition overview



Bush & Company is the leading UK provider of expert witness, immediate needs assessment and case management services to injured people, solicitors and insurance companies and specialise in catastrophic and serious injury cases.



Bush & Company are specialists in undertaking assessments following accidents resulting in disabilities such as spinal cord injuries, acquired brain injuries, amputation, orthopedic injuries and visual impairment. They also provide assessment and case management services to clients who have conditions arising from medical negligence such as cerebral palsy, erbs palsy, abdominal injuries and orthopedic injuries.



Bush & Company also provide a range of vocational rehabilitation services, including assessment and vocational case management that enable an injured person to address any barriers to returning to work or education.



Bush & Company have enjoyed strong growth in recent years driven by a consistent increase in case numbers. Bush & Company's revenue and adjusted operating profit for the year ended 31 March 2015 were £8.9 million (2014: £7.6 million) and £3.0 million (2014: £2.5 million) respectively. Bush & Company's attributable net assets at the same date amounted to c. £7.0 million which includes an estimated £3.3m of free cash payable to the vendors as part of total consideration.



Opportunity and rationale



The Acquisition is in-line with NAHL's stated strategy of seeking out value accretive acquisitions in legal services markets and follows the highly successful acquisition of Fitzalan Partners in February 2015 which is continuing to perform ahead of the Directors' original expectations.



The Acquisition creates good opportunities for NAHL by providing access to a new market within consumer legal services as well as services to law firms that broadens NAHL's portfolio.



Bush & Company has a business model that the Group can add value to by using its marketing expertise and financial resource to elevate the profile of Bush & Company. The Acquisition also presents a good opportunity to utilise NAHL's expertise in managing panel law firm relationships to broaden and deepen Bush & Company's relationships with their law firm clients.



Bush & Company's market is highly fragmented and there exists potential to develop new sources of business, after investment, which would be expected to deliver further bottom line growth in future years.



The Acquisition is expected to be earnings enhancing in 2016 and thereafter.



Principal terms of the Acquisition



NAHL have agreed to acquire all the issued share capital of Bush & Company for a total cash consideration of around £28.3 million on the basis that the business has free cash of at least £3.3 million at completion. The consideration will be funded from proceeds of the Placing as well as existing cash resources and debt facilities of the Group. Pro forma net debt post the acquisition is expected to be c. £9.7 million.



The acquisition is conditional on the Placing shares admitting to trading on AIM. Completion is anticipated on 14 October 2015.



Bush & Company's existing management team will remain with the business post completion.



Russell Atkinson, CEO of NAHL, commented:



"As we highlighted at the time of our IPO, strategic acquisitions are a key part of our growth strategy and we are delighted with the acquisition of Bush & Company. The acquisition offers NAHL the opportunity to extend its reach into the expert witness, immediate needs assessment and case management services market and utilise its experience and skill set from the PI market to take advantage of the significant growth opportunities already identified.



Bush & Company has a robust operating model and we look forward to the contribution it will make to the wider Group and welcoming the team to NAHL"

Completion of Acquisition and Placing
RNS
RNS Number : 2621C
NAHL Group PLC
14 October 2015



THIS ANNOUNCEMENT AND THE INFORMATION IN IT, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND, JAPAN OR NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OR AN INVITATION TO ACQUIRE OR DISPOSE OF ANY SECURITIES.



14 October 2015



NAHL Group Plc

("NAHL" or "the Group")



Completion of Acquisition of Bush & Company Rehabilitation Ltd and related Placing



NAHL, the leading UK consumer marketing business focused on the UK legal services market, is pleased to announce that following the admission of the 4,115,000 new ordinary shares in NAHL earlier today ("Admission"), the acquisition of Bush & Company Rehabilitation Ltd, announced on 12 October 2015, has now completed.

NAHL Group PLC (NAH:LSE) set a new 52-week high during today's trading session when it reached 425.00. Over this period, the share price is up 95.40%.

Good morning. Please find below a short TV interview with NAHL CEO Russell Atkinson

www.fmp-tv.co.uk/company/nahl-investor-relations-news-and-videos/

paid 249=53 good divi pays 6% + & rising,, tipped from a good source track
record, solicitors always make money , ever seen a poor one. BB