Hansard Global (HSD)

Sector:

Insurance

Index:

FTSE Fledgling

40.35p
   
  • Change Today:
      0.40p
  • 52 Week High: 61.00
  • 52 Week Low: 36.20
  • Currency: UK Pounds
  • Shares Issued: 137.45m
  • Volume: 17,356
  • Market Cap: £55.46m
  • RiskGrade: 173

Hansard Global sees strong growth in UAE; mixed results elsewhere

By Abigail Townsend

Date: Thursday 09 May 2019

LONDON (ShareCast) - (Sharecast News) - Financial services firm Hansard Global said new business continued to rise in the third quarter, boosted by strong growth in the United Arab Emirates.
Gordon Marr, chief executive, said: "We are pleased to have delivered a further quarter of new business growth, with the main highlight clearly our locally-licensed partnership in the UAE.

"We remain optimistic that opportunity for growth exists across each of our regions and continue to in particular to make progress in our license application process in Japan."

New business in the Middle East and Africa region was ahead 14% on the same period a year earlier, at £14.5m, and 35% for the year-to-date.

However, the company conceded that there had been "mixed results" elsewhere as "Hansard and distributors reposition aspects of their business in line with strategic and regulatory objectives."

New business in the third quarter was £34.1m in present value of new business premiums terms, up 4% on the same period a year earlier. For the year-to-date, however, overall new business was £108.3m, down on the previous year's comparable figure of £109.8m. In Latin America, the PVNBP fell 20% to £4.5m.

Assets under administration recovered in line with global stock markets and were £1.026.1bn as at the end of March, an improvement on the £975.5m end of December level but marginally down on the £1.033.3bn achieved in March 2018.

Hansard, which provides long-term investment products, specialises in affluent, international investors. It operates in the Middle East and Africa, the Far East and Latin America. Its Western Europe unit closed to new business in 2013.

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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 40.35p
Change Today 0.40p
% Change 1.00 %
52 Week High 61.00
52 Week Low 36.20
Volume 17,356
Shares Issued 137.45m
Market Cap £55.46m
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
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
  Interim Final
Ex-Div 14-Mar-19 04-Oct-18
Paid 23-Apr-19 15-Nov-18
Amount 1.80p 2.65p

Trades for 20-Sep-2019

Time Volume / Share Price
16:18 10,000 @ 41.34p
15:26 2,498 @ 38.37p
14:14 2,442 @ 38.37p
13:02 2,416 @ 41.34p

Hansard Global Key Personnel

Chair Philip Gregory
CFO Tim Davies

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