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An update from Personal Group Holdings ( (GB:PGH) ) is now available.
Personal Group Holdings Plc announced robust financial performance for FY 2024, with revenue from continuing operations reaching approximately £43.8 million, driven by significant growth in recurring revenue streams. The company reported an adjusted EBITDA of around £9.9 million, surpassing market expectations, and showcased strong growth across its Affordable Insurance and Benefits & Reward divisions. The firm’s strategic focus on employee benefits and affordable health insurance has led to record insurance sales and increased adoption of its digital benefits platform, positioning the company well for future growth. As it enters 2025, Personal Group remains confident, backed by a strong balance sheet and a streamlined organizational structure, aiming to enhance its market leadership in workplace benefits and health insurance.
More about Personal Group Holdings
Personal Group Holdings Plc is a workforce benefits and health insurance provider, renowned for offering affordable and accessible insurance and benefits. The company supports the health and wellbeing of approximately 1.25 million UK employees through its comprehensive insurance policies and award-winning benefits platform, Hapi. With a unique face-to-face sales model, Personal Group maintains a strong market position, serving a diverse range of blue-chip clients.
YTD Price Performance: -6.95%
Average Trading Volume: 27,429
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £54.53M
Find detailed analytics on PGH stock on TipRanks’ Stock Analysis page.
