23 April 2024
NAHL Group PLC
("NAHL" or the "Group")
Notice of Results and Investor Presentation
NAHL (AIM: NAH), a leading marketing and services business focused on the UK consumer legal market will announce its Final Results for the year ended 31 December 2023 on Thursday 2 May 2024.
The Board confirms that the Final Results are expected to be in line with the trading update provided on 24 January 2024 which highlighted:
· Continued growth in Group revenues and profit before tax
· 73% increase in cash received from settlements, reflecting 92% more claims settled in the Group's fully integrated law firm, National Accident Law ("NAL")
· Over 35,000 new enquiries generated by National Accident Helpline, continuing its growth in market share
· Strong performance from Bush & Co., achieving 11% growth in revenue and operating profit margin increase of 400 bps to 30%
· Net debt reduced by 27% to £9.7m (31 December 2022: £13.3m)
Following publication of the Final Results, James Saralis, CEO, and Chris Higham, CFO, will provide a live presentation on Tuesday 7 May 2024 via the Investor Meet Company platform at 11:00.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard or at any time during the live presentation via the "Ask a Question" function.
Investors can sign up to Investor Meet Company for free and apply to meet NAHL Group plc via: https://www.investormeetcompany.com/nahl-group-plc/register-investor
Investors who already follow NAHL Group plc on the Investor Meet Company platform will automatically be invited.
ENDS
For further information:
NAHL Group PLC James Saralis (CEO) Chris Higham (CFO)
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via FTI Consulting Tel: +44 (0) 20 3727 1000 |
Allenby Capital (AIM Nominated Adviser & Broker) Jeremy Porter/Liz Kirchner (Corporate Finance) Amrit Nahal/Stefano Aquilino (Sales & Corporate Broking)
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Tel: +44 (0) 207 220 0500 |
FTI Consulting (Financial PR) Alex Beagley Eleanor Purdon Amy Goldup
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Tel: +44 (0) 20 3727 1000 |
Notes to Editors
NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services market. The Group provides services and products to individuals and businesses through its two divisions:
· Consumer Legal Services provides outsourced marketing services to law firms through National Accident Helpline; and claims processing services to individuals through National Accident Law, Law Together and Your Law. In addition, it also provides property searches through Searches UK.
· Critical Care provides a range of specialist services in the catastrophic and serious injury market to both claimants and defendants through Bush & Co.
More information is available at www.nahlgroupplc.co.uk, www.national-accident-helpline.co.uk, www.national-accident-law.co.uk and www.bushco.co.uk.