Admiral H1 FY26 pretax profit drops 18% to GBP 429.2 million; revenue slips 1% to GBP 2.44 billion
Reuters2026/08/06 06:05- Admiral posted H1 profit before tax from continuing operations of £429.2 million, down 18%, with EPS from continuing operations falling 18% to 109.0p.
- Interim dividend dropped 39% to 70.5p per share, with a £45 million share buyback taking total shareholder distributions down 26% to £258.8 million.
- Revenue was broadly flat at £3.11 billion, while insurance revenue edged down 1% to £2.44 billion.
- Return on equity slid 12 percentage points to 45%, while the solvency ratio after the dividend and buyback eased 4 percentage points to 190%.
- Group risks rose 5% to 12.03 million, with CEO Milena Mondini de Focatiis citing continued customer growth and progress integrating Flock.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
For the first time in over a year, the open interest share of altcoins has surpassed that of bitcoin.
OPEC+ agrees to keep oil output policy unchanged for October
US military strikes Iranian oil tanker, triggering geopolitical risks as Brent crude nears $97 mark
Following the US military's attack on Iranian oil tankers and Iran's announcement of new restricted navigation zones outside the Strait of Hormuz, market concerns over prolonged disruptions in key energy transport routes have intensified, leading to a sharp rise in international oil prices.
Geopolitical tensions overshadowing production cuts: OPEC+ maintains quotas unchanged, paper adjustments fail to resolve physical supply dilemmas
OPEC+ major oil producers, led by Saudi Arabia and Russia, held a monthly video conference last Sunday and decided to keep the crude oil production quota for October unchanged, continuing the previous tone of stable production following a series of symbolic production increases.
Crypto prices
More
