Hansard Global (HSD)

Sector:

Insurance

Index:

FTSE Fledgling

41.51p
   
  • Change Today:
      1.16p
  • 52 Week High: 61.00
  • 52 Week Low: 36.20
  • Currency: UK Pounds
  • Shares Issued: 137.45m
  • Volume: 5,158
  • Market Cap: £57.06m
  • RiskGrade: 173

Hansard Global new business activity slips in first half

By Josh White

Date: Thursday 24 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Specialist long-term savings provider Hansard Global,issued its new business results for the six months ended 31 December - the first half of its 2019 financial year - on Thursday, reporting that new business for Hansard International for the second quarter was £41.5m in present value of new business premiums (PVNBP) terms.
The London-listed firm said that represented an increase of 8% on the second quarter of the 2018 financial year, and 27% on the first quarter of 2019.

For the first half, new business was £74.1m, which was 4% lower than the same time a year earlier.

Hansard Global said its locally-licensed venture in the United Arab Emirates had delivered "impressive" growth.

Together with broader growth across the Middle East and Africa region, the board said new business in the second quarter of 2019 "more than doubled" compared to the prior year.

New business in the Far East continued to be lower than last year, the directors reported, as it seeked to reposition its business in that region towards locally-licensed opportunities.

Assets under administration were £975.5m at 31 December - a decrease of £67m, or 6%, over the quarter as investment markets fell "significantly" across the globe.

Hansard Global confirmed its new subsidiary in the Bahamas was launched as planned on 1 January.

"It was pleasing to see our licenced business in the UAE producing significant growth and new business levels," said group chief executive officer Gordon Marr.

"This has helped us recover from our first quarter position and we look forward to continuing this momentum over the remainder of the year."

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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 41.51p
Change Today 1.16p
% Change 2.87 %
52 Week High 61.00
52 Week Low 36.20
Volume 5,158
Shares Issued 137.45m
Market Cap £57.06m
RiskGrade 173

Hansard Global Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.72% above the market average90.72% above the market average90.72% above the market average90.72% above the market average90.72% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Price Trend
47% below the market average47% below the market average47% below the market average47% below the market average47% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Income
92.76% above the market average92.76% above the market average92.76% above the market average92.76% above the market average92.76% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
93.47% below the market average93.47% below the market average93.47% below the market average93.47% below the market average93.47% 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 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
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Hansard Global Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Mar-19 04-Oct-18
Paid 23-Apr-19 15-Nov-18
Amount 1.80p 2.65p

Trades for 23-Sep-2019

Time Volume / Share Price
08:41 314 @ 41.51p
08:31 4,844 @ 41.34p

Hansard Global Key Personnel

Chair Philip Gregory
CFO Tim Davies

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