Hansard Global (HSD)

Sector:

Insurance

Index:

FTSE Fledgling

 58.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 65.00p
  • 52 Week Low: 29.60p
  • Currency: UK Pounds
  • Shares Issued: 137.56m
  • Volume: 8,208
  • Market Cap: £79.78m
  • RiskGrade: 154

Profits slip as Hansard Global works to re-focus business

By Josh White

Date: Thursday 26 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Specialist long-term savings provider Hansard Global reported an improvement in new business sales to £155.9m in its final results on Thursday, from £146.6m a year earlier.
The AIM-traded firm said its IFRS profit after tax fell to £4.6m for the year ended 30 June, however, from £6.8m a year earlier, while its underlying profit was £6.1m, down from £8.6m.

It said its operating cash surplus for the period was £20.6m, down from £25m year-on-year, while IFRS earnings per share fell to 3.3p from 4.9p.

The board recommended a final dividend of 2.65p per share for the year, precisely in line with its distribution at the end of the 2018 financial year.

As at 30 June, Hansard's assets under administration stood at £1.08bn, up from £1.04bn year-on-year, while its reported value of in-force slipped to £140m from £144m.

"Our 2019 results reflect a year of change for the group, as we have refocused the business to deliver future growth," said chief executive officer Gordon Marr.

"In particular, in June 2019 we were granted our Japanese investment management licence, enabling us to operate in this key market.

"This was a major milestone and the culmination of a number of years of hard work."

Marr noted that the company also successfully launched its new insurance subsidiary, Hansard Worldwide, and streamlined the number of markets that it operated in and the distributors it used in those markets.

"Together with a major IT project to replace our back-office administration systems and a focus on cost efficiencies, we believe this offers a strong base to improve the profitability of the business in the coming years."

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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 58.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 65.00p
52 Week Low 29.60p
Volume 8,208
Shares Issued 137.56m
Market Cap £79.78m
RiskGrade 154

Hansard Global Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.75% above the market average98.75% above the market average98.75% above the market average98.75% above the market average98.75% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
66.14% above the market average66.14% above the market average66.14% above the market average66.14% above the market average66.14% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Income
92.40% above the market average92.40% above the market average92.40% above the market average92.40% above the market average92.40% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
77.33% below the market average77.33% below the market average77.33% below the market average77.33% below the market average77.33% 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
  Interim Final
Ex-Div 11-Mar-21 01-Oct-20
Paid 20-Apr-21 12-Nov-20
Amount 1.80p 2.65p

Trades for 21-Jun-2021

Time Volume / Share Price
16:06 3,800 @ 58.21p
13:48 408 @ 58.21p
11:32 2,000 @ 57.66p
09:04 2,000 @ 58.21p

Hansard Global Key Personnel

CFO Tim Davies
Chair Graeme Easton
CEO Graham Sheward

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