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Mortgage Advice Bureau (Holdings) ( (GB:MAB1) ) just unveiled an update.
Mortgage Advice Bureau (MAB) has announced new medium-term growth targets, a revised capital allocation framework, and a fresh dividend policy, coinciding with its upcoming Capital Markets Day. The company aims to double its revenue and market share, achieve an adjusted PBT margin of over 15%, and maintain a cash conversion rate of over 100%. These targets indicate a strategic shift to optimize capital return to shareholders and fund growth opportunities. Additionally, MAB is considering a move to the Main Market to potentially join the FTSE 250 index, which would broaden its investor base and enhance its market profile.
More about Mortgage Advice Bureau (Holdings)
Mortgage Advice Bureau (Holdings) plc (MAB) is a leading UK-based consumer intermediary brand and specialist network for mortgage advisers. It operates through partner firms known as Appointed Representatives (ARs) and has approximately 2,000 advisers offering expert advice on mortgages, specialist lending, protection, and general insurance products. MAB supports its AR firms with proprietary technology and services, including adviser recruitment, lead generation, learning and development, compliance auditing, supervision, and digital marketing solutions.
YTD Price Performance: 17.38%
Average Trading Volume: 87,759
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £415M
Find detailed analytics on MAB1 stock on TipRanks’ Stock Analysis page.
