Pre Close Trading Update

RNS Number : 5342M

NAHL Group PLC

17 July 2014

 



17 July 2014

NAHL Group Plc

("NAHL" or "the Company")

Pre Close Trading Update

NAHL, a leading UK consumer marketing business focused on the Personal Injury market, operating under the National Accident Helpline brand, is today providing a trading update for the first half of its current financial year, covering the six months to 30 June 2014.

The business has traded comfortably in line with the Board's expectations.  Cash flow has continued to be strong and supports the Board's intention to pay out approximately 66% of retained profits for the current year.  The first interim dividend payment is expected to be made in November 2014.

The Company will announce its results for the six months ended 30 June 2014 on 25 September 2014.

Russell Atkinson, CEO of NAHL, commented:

"Trading in the first half of our financial year has been positive. The legislative changes implemented in 2013 are fully embedded and we are continuing to see opportunities to deliver further growth in revenue and profit, in line with expectations, from both our established business as well as potential new service offerings."

-Ends-

For further information please call:

NAHL Group Limited	via FTI Consulting
Russell Atkinson (CEO)	Tel: [phone]
Steve Dolton (CFO)

Execution Noble & Co Limited, trading as Espirito Santo Investment Bank (Nominated Adviser & Broker)	Tel: [phone]
John Llewellyn-Lloyd
Erik Anderson
Harry Stockdale

FTI Consulting (Financial PR)	Tel: [phone]
Oliver Winters
Alex Beagley James Styles

Notes to Editors

NAHL Group

NAHL is a leading UK consumer marketing business focused on the UK personal injury market, advertising through its core brand - National Accident Helpline. Having been established in 1993, the Group's business has grown to become the largest outsourced marketing services provider to the personal injury market - a market which is valued at approximately £3 billion in fees generated mainly by law firms. NAHL's core business model is based on enquiry origination through direct response marketing, connecting claimants who have been injured in non-fault accidents with specialist law firms.

More information is available at www.nahlgroupplc.co.uk and www.national-accident-helpline.co.uk

 

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