Business
Half Yearly Report
Half Yearly Report.
About this update from Personal Group Holdings Plc
[{"type":"text","content":"\n RNS Number : 3121T Personal Group Holdings PLC 27 September 2010 \n \n\n\nPersonal Group Holdings Plc \n \n Interim statement for the six months to 30 June 2010\n \nThe board of directors of Personal Group Holdings Plc, specialist providers of employee benefits, insurance and consultancy, are pleased to announce the group's results as follows:\n \nHighlights\n \n\n\n\n\n\n\n\n2010\n\n\n2009\n\n\n%\n\n\n\n\n\n\n\n£m\n\n\n£m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet insurance premiums written\n\n\n9.1\n\n\n8.5\n\n\n+6.6\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProfit before tax\n\n\n4.6\n\n\n4.0\n\n\n+14.9\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n2010\n\n\n2009\n\n\n%\n\n\n\n\n\n\n\nPence\n\n\nPence\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEarnings per share (basic & diluted)\n\n\n11.1\n\n\n10.2\n\n\n+8.8\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDividends per share paid in period\n\n\n8.5\n\n\n8.3\n\n\n+2.4\n\n\n\n\n \n \n· Net insurance premiums written up 6.6% at £9.1m (2009: £8.5m)\n\n· PBT up 14.9% at £4.6m (2009: £4.0m) following record new business since 2008 and the return to more traditional claims experience\n\n· EPS at 11.1 pence per share (2009: 10.2 pence per share)\n \n \nNigel Brittle, Group Chief Executive, commented:\n \n\"Record profits achieved through the first half of 2010 reflect past and continuing record new business performances delivered by our core employee benefits and insurance activity since 2008. The return of our claims experience to traditional levels and the success of cost control measures have also played a part in this performance.\n \nProspects for the second half are promising as we prepare to launch some significant new client benefit programmes and our newer VGIP product offering continues to gather momentum.\"\n \n&nb...