Admiral (GB:ADM) has released an update.
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Admiral Group has announced a robust financial performance for the first half of 2024, with a 32% increase in pre-tax profits to £310 million and a 43% surge in group turnover, reaching £3.2 billion. The company’s customer base grew by 12% to 10.5 million, bolstered by its competitive pricing strategy in the UK Motor segment. Additionally, Admiral has rewarded over 12,500 employees with free share awards and declared a 39% higher interim dividend per share at 71p.
For further insights into GB:ADM stock, check out TipRanks’ Stock Analysis page.
