Hansard Global (HSD)

Sector:

Insurance

Index:

FTSE Fledgling

 45.90p
   
  • Change Today:
      0.000p
  • 52 Week High: 48.15p
  • 52 Week Low: 36.20p
  • Currency: UK Pounds
  • Shares Issued: 137.45m
  • Volume: 6,330
  • Market Cap: £63.09m
  • RiskGrade: 216

Market forces weigh on Hansard

Date: Friday 21 Sep 2012

LONDON (ShareCast) - Long-term savings provider Hansard said continued instability in the Eurozone weighed on new business sales and, it warned, damaging market forces show few signs of abating.

As at 30 June assets under administration fell to £1m for the year ended June 30th 2012 from £1.2m before.

In 2011 investment income came in as a £112.9m profit but, for the year ended June 30th 2012, it recorded a £145.7m loss.

Single premium new business sales more than halved to £51.3m compared to £109.1m the year before. Regular premium new business sales increased to £124.4m during the period from £112m earlier.

"New business levels in the first two months of the financial year reflect the cautious stance of policyholders and are significantly below the level of the corresponding period in the prior year. However the board expects new business to gather momentum in the second quarter on the back of new product launches and also more positive investment market conditions."

IFRS profit after tax fell to £11.2m during the year from £16.5m.

Chief Executive Leonard Polonsky said: "In line with our new business strategy we continued to invest in regular premium flows and to focus on growth markets."

He cautioned: “Single premium business remains constrained by market volatility and the instability in the Eurozone that shows few signs of abating. While the economic environment remains challenging, we have a robust strategy in place and are successfully developing the business in the growth markets of the Far East and Latin America.”

Hansard has recommended a final dividend payment of 8p, unchanged from last year.



CJ

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hansard Global Market Data

Currency UK Pounds
Share Price 45.90p
Change Today 0.000p
% Change 0.00 %
52 Week High 48.15p
52 Week Low 36.20p
Volume 6,330
Shares Issued 137.45m
Market Cap £63.09m
RiskGrade 216

Hansard Global Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.91% above the market average93.91% above the market average93.91% above the market average93.91% above the market average93.91% above the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Price Trend
36.85% below the market average36.85% below the market average36.85% below the market average36.85% below the market average36.85% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Income
85.50% above the market average85.50% above the market average85.50% above the market average85.50% above the market average85.50% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
86.15% below the market average86.15% below the market average86.15% below the market average86.15% below the market average86.15% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hansard Global Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Oct-19 14-Mar-19
Paid 14-Nov-19 23-Apr-19
Amount 2.65p 1.80p

Trades for 20-Feb-2020

Time Volume / Share Price
16:07 1,000 @ 46.88p
12:18 5,330 @ 46.90p

Hansard Global Key Personnel

Chair Philip Gregory
CFO Tim Davies

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