NAHL Group (NAH)

Sector:

Media

Index:

FTSE AIM All-Share

 41.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 125.50
  • 52 Week Low: 34.35
  • Currency: UK Pounds
  • Shares Issued: 46.24m
  • Volume: 5,882
  • Market Cap: £18.96m
  • RiskGrade: 314

NAHL tumbles as increased competition sparks profit warning

By Duncan Ferris

Date: Friday 11 Jan 2019

LONDON (ShareCast) - (Sharecast News) - NAHL Group, the company behind the National Accident Helpline, saw its shares plummet on Friday after the company issued a profit warning amid heightened competitor activity.
The AIM traded company warned that profits will be between 5% and 10% lower than expectations following a "disappointing" end to the year that saw a reduction in enquiry volumes and increased consumer acquisition costs stemming from increased competition.

Furthermore, regulatory changes have resulted in a decline in panel law firm demand from the Personal Injury division, while the Residential Property division struggled alongside property market woes, the company said in a statement.

NAHL's Critical Care division traded in line with expectations and the board expects to pay a final dividend which, combined with the interim dividend, will maintain its policy of a total dividend covered twice by earnings per share.

Russell Atkinson, chief executive of NAHL, said: "Progress in Critical Care has been encouraging and, although market conditions have challenged our Residential Property business, we have plans in place to return to growth."

The company plans to invest in brand recognition and further digital marketing activity in its PI division to overcome the current "challenging" landscape, while a new leadership team will spearhead initiatives to revitalise the RP division.

"Despite a disappointing December, our Personal Injury business continues to make strong progress in its transformation agenda and our focus remains the creation of a market leading enquiry generation and volume processing business," said Atkinson.

NAHL's shares were down 15.44% at 92.80p at 1211 GMT.

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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.

 

NAHL Group Market Data

Currency UK Pounds
Share Price 41.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 125.50
52 Week Low 34.35
Volume 5,882
Shares Issued 46.24m
Market Cap £18.96m
RiskGrade 314

NAHL Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.85% above the market average91.85% above the market average91.85% above the market average91.85% above the market average91.85% above the market average
90.62% above the sector average90.62% above the sector average90.62% above the sector average90.62% above the sector average90.62% above the sector average
Price Trend
78.13% below the market average78.13% below the market average78.13% below the market average78.13% below the market average78.13% below the market average
63.08% below the sector average63.08% below the sector average63.08% below the sector average63.08% below the sector average63.08% below the sector average
Income
74.95% above the market average74.95% above the market average74.95% above the market average74.95% above the market average74.95% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Growth
94.84% below the market average94.84% below the market average94.84% below the market average94.84% below the market average94.84% below the market average
96.67% below the sector average96.67% below the sector average96.67% below the sector average96.67% below the sector average96.67% below the sector average

NAHL Group Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 25-Apr-19
Paid 31-Oct-19 31-May-19
Amount 2.60p 5.70p

Trades for 13-Aug-2020

Time Volume / Share Price
08:50 5,882 @ 42.50p

NAHL Group Key Personnel

CEO John Russell Atkinson
CFO James Saralis

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