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IN BRIEF: Helios Underwriting mid-point forecast shows stronger market

ALN

Helios Underwriting PLC - London-based limited liability vehicles investment company - Reports the initial mid-point profit forecast for 2022 of 5.7% compares to 3.9% in 2021, a recognition of stronger market conditions. Says this, compounded by Helios’ increased retained capacity results in the recognition of additional after tax underwriting profits to be earned of 20 pence per share in the future.

Current stock price: 175 pence

12-month change: up 6.1%

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