NAHL Group (NAH)

Sector:

Media

Index:

FTSE AIM All-Share

 119.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 125.50
  • 52 Week Low: 76.00
  • Currency: UK Pounds
  • Shares Issued: 46.18m
  • Volume: 1,857
  • Market Cap: £55.18m
  • RiskGrade: 107
  • Beta: 0.24

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 119.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 125.50
52 Week Low 76.00
Volume 1,857
Shares Issued 46.18m
Market Cap £55.18m
Beta 0.24
RiskGrade 107

NAHL Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.14% above the market average97.14% above the market average97.14% above the market average97.14% above the market average97.14% 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
Price Trend
26.46% above the market average26.46% above the market average26.46% above the market average26.46% above the market average26.46% above the market average
15.15% above the sector average15.15% above the sector average15.15% above the sector average15.15% above the sector average15.15% above the sector average
Income
95.05% above the market average95.05% above the market average95.05% above the market average95.05% above the market average95.05% above the market average
93.75% above the sector average93.75% above the sector average93.75% above the sector average93.75% above the sector average93.75% above the sector average
Growth
95.79% below the market average95.79% below the market average95.79% below the market average95.79% below the market average95.79% 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 0
Buy 0
Neutral 0
Sell 0
Strong Sell 1
Total 1
strong_sell
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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-Nov-2019

Time Volume / Share Price
12:58 1,857 @ 119.70p

NAHL Group Key Personnel

CEO John Russell Atkinson
CFO James Saralis

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