Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

Admiral Group - floated straight into FTSE250 (ADM)     

Juzzle - 23 Nov 2004 14:12

Chart.aspx?Provider=EODIntra&Code=ADM&Si

Company website is www.admiralgroup.co.uk

HARRYCAT - 08 Mar 2012 17:06 - 81 of 105

Sorry, totally misread it. I thought it was 36.5p + the 75.6p. It is actually 17.4p + 19.1p special.

skinny - 26 Apr 2012 07:38 - 82 of 105

Q1 2012 Interim Management Statement

26 April 2012

Admiral Group plc ("Admiral" or "the Group") today releases its Interim Management Statement covering the period 1 January 2012 to 26 April 2012. Unless otherwise stated, figures quoted are for the quarter ended 31 March 2012, with comparatives reflecting the position compared against the same quarter in 2011.

Comment from Henry Engelhardt, Chief Executive Officer

"Admiral has made a good start to the year with performance in the first quarter as we had expected. Our business continues to grow and prosper and our expectations for the full year remain positive and unchanged."

Group Highlights

Group turnover* increased 9% to £586 million (Q1 2011: £539 million)
Group vehicle count increased 17% to 3.4 million (Q1 2011: 2.9 million)
UK car insurance vehicle count increased 13% to 3.0 million (Q1 2011: 2.7 million); as anticipated, this represents an annualised growth rate in the first quarter of the order of 5%
International car insurance vehicle count increased 83% to 350,000 (Q1 2011: 190,000)
No change in claims trends from Q4 2011
UK other revenue per vehicle stable at £84
Financial position remains strong
*Turnover is defined as total premiums written (including co-insurers' share) and Other Revenue

dreamcatcher - 28 Aug 2012 19:17 - 83 of 105

Admiral, the FTSE 100 motor insurer, will report its first-half results on Thursday, when it will hope to convince its doubters that it can maintain the impressive profits it has posted over the past few years. Fears over the company’s future growth have intensified in recent months amid concern that an outright ban on insurers earning so-called referral fees from third parties will hit its profitability.

Pre-tax profits are expected to hit £167.7m, compared with £160.6m last year.

skinny - 30 Aug 2012 07:04 - 84 of 105

Results for the Six Months Ended 30 June 2012

H1 2012 Highlights

• Group profit before tax up 7% at GBP171.8 million (H1 2011: GBP160.6 million)
• Earnings per share up 9% at 47.3 pence (H1 2011: 43.3 pence)
• Interim dividend up 15% at 45.1 pence per share (2011 interim: 39.1 pence)
• Group turnover* up 6% at GBP1.17 billion (H1 2011: GBP1.10 billion)
• Group vehicle count up 11% to 3.50 million from 3.15 million at 30 June 2011
• 6,500 employees receive GBP1,500 of shares each in the Employee Share Scheme
based on the H1 2012 result

*Turnover is defined as total premium written (including co-insurers' share) and
Other Revenue

dreamcatcher - 04 Oct 2012 17:42 - 85 of 105

Admiral Group is one of the few FTSE 100 companies that is less than 50 years old. It is also one of a small number of listed companies that is headquartered in Wales. I've recently been looking at Admiral ahead of the IPO of its competitor, Direct Line.

Admiral operates a number of insurance brands such as elephant.co.uk, confused.com and, of course, Admiral. The sector has fallen out of favour in recent months -- many market commentators have expressed concerns over the long-term profitability of the car insurance industry. These concerns have pushed down share valuations.

I think the market may be too mean in its appraisal of Admiral. After all, this is a very successful company: Admiral has increased its shareholder dividend every year since 2005, while its sales in 2011 were more than double the number achieved in 2008.

In short, Admiral's management has a better record of operating in this industry than investment analysts have of forecasting its future.

skinny - 02 Nov 2012 07:08 - 86 of 105

Interim Management Statement

Group highlights

Group vehicle count up 8% to 3.55 million (Q3 2011: 3.28 million)

Year-to-date annualised UK car insurance vehicle growth of 3%

Year-to-date Group turnover* increased 3% to £1,740 million (YTD Q3 2011: £1,686 million); UK car insurance turnover* flat at £1,532 million (YTD Q3 2011: £1,526 million)

Third quarter Group turnover* decreased by 2% to £570 million (Q3 2011: £582 million); UK car insurance turnover* decreased by 5% to £502 million (Q3 2011: £527 million)

UK other revenue per vehicle at £79**

UK claims trends continue to be encouraging

On track to meet our expectations for 2012

Financial position remains strong

skinny - 06 Mar 2013 07:22 - 87 of 105

Preliminary Results

2012 Preliminary Results Highlights

Group profit before tax up 15% at £345 million (2011: £299 million)

Earnings per share up 16% at 95.1 pence (2011: 81.9 pence)

Final dividend of 45.5 pence per share bringing the 2012 total dividend to 90.6 pence
per share up 20% (2011: 75.6 pence per share)

Return on capital of 60% (2011: 59%)

Group turnover* up 1% at £2.22 billion (2011: £2.19 billion)

Group vehicle count up 6% to 3.55 million (2011: 3.36 million)

International car insurance turnover* up 33% to £163 million with customers up 42% to 436,000 (2011: £122 million and 306,000 customers)

6,500 staff will receive Free Shares worth £3,000 in the Employee Share Scheme; £1,500 worth of shares based on the H1 2012 result, in addition to a further £1,500 worth of shares awarded in accordance with the full-year result.

* Turnover is defined as total premiums written (including co-insurers' share) and other revenue

Stan - 09 Sep 2013 12:24 - 88 of 105

ADM Going Ex. Div this week paying a VG. 3.88% 'ish which includes an extra divi , Not touching Car insurers at the moment personally.

skinny - 09 Sep 2013 12:33 - 89 of 105

Stan - FT or IC had a fairly negative view on ADM last week and gave it a sell rating.

Stan - 09 Sep 2013 13:13 - 90 of 105

Indeed Skinny, hence my last sentence.

HARRYCAT - 11 Apr 2014 13:51 - 92 of 105

Ex-divi wed 30th Apr (50.6p)

skinny - 14 May 2014 07:09 - 93 of 105

Interim Management Statement

Group Highlights

Group customers* increased 6% to 3.8 million (Q1 2013: 3.6 million)
Group turnover decreased 7% to £514 million (Q1 2013: £551 million)
UK car insurance vehicle count up 2% at 3.08 million (Q1 2013: 3.02 million)
UK car insurance turnover decreased 11% to £420 million (Q1 2013: £470 million); UK car insurance premiums written decreased 11% to £384 million (Q1 2013: 432 million)
UK Other Revenue per vehicle stable at £67
UK claims developed in line with expectations
International car insurance vehicle count increased 17% to 535,000 (Q1 2013: 458,000)
International car insurance turnover increased 13% to £54 million (Q1 2013: £48 million)

skinny - 13 Aug 2014 08:27 - 94 of 105

H1 2014 Group Results

H1 2014 Group Results

•Profit before tax, adjusted to exclude minority interests' share, up 2% to £184.9 million (H1 2013: £181.6 million)
•Statutory profit before tax up 1% to £183.3 million (H1 2013: £181.4 million)
•UK Car Insurance profit before tax up 8% to £207.7 million (H1 2013: £192.7 million)
•Increased investment in International Car Insurance and International Price Comparison
•Earnings per share up 5% to 52.7 pence (H1 2013: 50.1 pence)
•Interim dividend up 1% to 49.4 pence per share (2013 interim: 48.9 pence per share)
•Group turnover down 5% to £1,037.1 million (H1 2013: £1,089.1 million)
•Group customers up 9% to 3.94 million (H1 2013: 3.60 million)
•Return on equity 54% (H1 2013: 57%)
•Nearly 7,000 employees eligible to receive £1,500 of shares each via the Employee Share Scheme, based on the H1 2014 result
•Named 3rd Best Large Workplace in the UK and 3rd Best Multinational Workplace in Europe by the Great Place to Work Institute

HARRYCAT - 02 Sep 2014 08:03 - 95 of 105

Ex-divi wed 10th Sept (49.4p)

HARRYCAT - 23 Apr 2015 09:29 - 97 of 105

Ex-divi 7th May 2105 (49p)

Nar1 - 29 May 2015 08:41 - 98 of 105

Chart.aspx?Provider=EODIntra&Code=ADM&Si

Looks like a start of a nice uptrend -

Nar1 - 29 May 2015 13:04 - 99 of 105

Looking good - hoping we can close with a strong finish.

skinny - 19 Aug 2015 07:05 - 100 of 105

Admiral Group plc results for the six months ended 30 June 2015

H1 2015 Group Results

Group profit before tax*1 increased 1% to £186.1 million (H1 2014: £184.9 million)
Earnings per share up 4% to 54.8 pence (H1 2014: 52.7 pence)
Interim dividend up 3% to 51.0 pence per share (2014 interim: 49.4 pence per share)
Return on equity 50% (H1 2014: 54%)
Group turnover up 2% to £1,057.5 million (H1 2014: £1,037.1 million)
Group customers up 6% to 4.19 million (H1 2014: 3.94 million)
UK Car Insurance profit up 6% to £219.2 million (H1 2014: £207.7 million) mainly as a result of higher reserve releases
International Car Insurance loss reduced to £11.2 million (H1 2014: £15.5 million)
Price comparison loss*1 of £4.0 million (H1 2014: profit of £5.9 million) resulting from increased investment in compare.com and lower profit from Confused.com
Over 7,700 employees eligible to participate in the Group's Employee Share Scheme which will award the maxiumum £1,800*2 of shares, based on the H1 2015 result
Named 4th Best Large Workplace in the UK by the Great Place to Work Institute
Register now or login to post to this thread.