Personal Group Holdings (GB:PGH) has released an update.
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Personal Group Holdings PLC has reported a robust first half for 2024, with a notable 14% increase in revenue and a 31% rise in adjusted EBITDA, signaling strong growth across all business sectors. The company’s focus on recurring revenue streams has proven successful, now accounting for 81% of total revenue, alongside an 11% hike in interim dividend, reflecting confidence in the business’s future. With a solid platform for growth, including high customer retention and strong cash reserves, Personal Group is well-positioned to continue its expansion in the benefits and health insurance market.
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