Hansard Global (GB:HSD) has released an update.
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Hansard Global plc has reported a year of solid profits and maintained dividends despite a decrease in new business sales, with underlying profits growing from £7.4m to £8.5m. The company has launched new strategic products including a portfolio bond and a Japanese investment management license, positioning itself for future growth. While IFRS profits are expected to dip in the short term due to development costs, the company’s strong regulatory solvency and strategic investments are anticipated to drive a recovery in profitability by 2026.
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