August 16, 2017 / 6:21 AM / 3 years ago

BRIEF-Admiral Group posts HY EPS 57.3 PENCE

Aug 16 (Reuters) - ADMIRAL GROUP PLC

* SOLVENCY RATIO (POST DIVIDEND) (*1, 2) 214%

* DAVID STEVENS, GROUP CHIEF EXECUTIVE OFFICER “WE’VE GROWN TURNOVER AND CUSTOMER NUMBERS IN OUR EXISTING BUSINESSES BY OVER 13%

* UK INSURANCE BUSINESS (PRIVATE CAR, HOUSEHOLD AND VAN) GREW TURNOVER BY 11% TO £1.14 BILLION (H1 2016: £1.03 BILLION)

* INTERNATIONAL INSURANCE BUSINESSES GREW COMBINED TURNOVER BY 39% TO £221.9 MILLION (H1 2016: £159.2 MILLION)

* SPECIAL DIVIDEND OF 18.1 PENCE PER SHARE

* NUMBER OF VEHICLES INSURED ALSO GREW BY 7% TO 3.77 MILLION (30 JUNE 2016: 3.52 MILLION) WITH VOLUMES IMPROVING IN Q2

* UK CAR INSURANCE PROFIT WAS BROADLY FLAT AT £224.2 MILLION COMPARED TO £222.8 MILLION FOR H1 2016 Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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