Personal Group Holdings ( (GB:PGH) ) has shared an announcement.
Personal Group Holdings Plc reported a strong financial performance for the year ending December 2024, with a 13% increase in group revenue to £43.8m and a 41% rise in the full-year dividend. The company successfully streamlined its operations by disposing of Let’s Connect, which simplified its structure and enhanced focus on recurring revenue streams. Key strategic hires and a clear growth strategy have positioned the company for further expansion in 2025. The insurance division achieved record sales, and the benefits platform saw increased uptake, contributing to a robust balance sheet with no debt. The company aims to accelerate growth by expanding its product offerings and deepening customer relationships.
More about Personal Group Holdings
Personal Group Holdings Plc is a workforce benefits and health insurance provider, focusing on affordable and accessible insurance and benefits to support the health and wellbeing of approximately 1.25 million UK employees. The company’s offerings include individual policies for hospital, recovery, and death benefit plans, as well as an award-winning benefits platform called Hapi, which integrates employee benefits, discounts, and rewards. Personal Group has a strong market position with a unique face-to-face sales model and an extensive blue-chip customer list.
YTD Price Performance: 13.37%
Average Trading Volume: 23,456
Technical Sentiment Signal: Sell
Current Market Cap: £67M
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