👏 Exciting news from Admiral! 🚀 The Cardiff-based company is celebrating a record-breaking start to the year with a 69% increase in pre-tax profits, soaring from £307.6m to a whopping £521m! As a thank you, 13,000 lucky staff members are receiving free shares valued up to £1,800 each. 🎉
The UK’s favourite insurer continues to impress with its UK car insurance business driving the profits up by 56%! Despite a tiny dip in European customers, overall group numbers shot past the 11 million mark – an increase of over two million. Group revenues held steady at a cool £3.1bn.
Admiral Money isn’t lagging, showing impressive growth with loan balances up by 25% reaching £1.28bn. With an interim dividend announced at 115p per share, shareholders are in for a treat this October! 📈💷
CEO Milena Mondini de Focatiis shared her pride in the company’s spectacular performance, crediting competitive pricing and a focus on excellent service for their success. With car insurance prices dropping, Admiral’s disciplined strategy is paying off in a big way.
The company is also making strides in Europe, regaining ground in France and Italy, and focusing on innovation to stay at the forefront. From supporting a lower carbon economy to enhancing customer experiences, Admiral is setting the gold standard for excellence and sustainability. 🌍💚
Here’s to Admiral’s continued success and adaptability as they aim to bring even more value to their customers and shareholders. 🏆 Stay tuned for more updates! 📰✨