NAHL Group (NAH)

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Index:

FTSE AIM All-Share

 61.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 67.00
  • 52 Week Low: 36.60
  • Currency: UK Pounds
  • Shares Issued: 46.89m
  • Volume: 2,527
  • Market Cap: £28.84m
  • RiskGrade: 198

NAHL tumbles as increased competition sparks profit warning

By Duncan Ferris

Date: Friday 11 Jan 2019

LONDON (ShareCast) - (Sharecast News) - NAHL Group, the company behind the National Accident Helpline, saw its shares plummet on Friday after the company issued a profit warning amid heightened competitor activity.
The AIM traded company warned that profits will be between 5% and 10% lower than expectations following a "disappointing" end to the year that saw a reduction in enquiry volumes and increased consumer acquisition costs stemming from increased competition.

Furthermore, regulatory changes have resulted in a decline in panel law firm demand from the Personal Injury division, while the Residential Property division struggled alongside property market woes, the company said in a statement.

NAHL's Critical Care division traded in line with expectations and the board expects to pay a final dividend which, combined with the interim dividend, will maintain its policy of a total dividend covered twice by earnings per share.

Russell Atkinson, chief executive of NAHL, said: "Progress in Critical Care has been encouraging and, although market conditions have challenged our Residential Property business, we have plans in place to return to growth."

The company plans to invest in brand recognition and further digital marketing activity in its PI division to overcome the current "challenging" landscape, while a new leadership team will spearhead initiatives to revitalise the RP division.

"Despite a disappointing December, our Personal Injury business continues to make strong progress in its transformation agenda and our focus remains the creation of a market leading enquiry generation and volume processing business," said Atkinson.

NAHL's shares were down 15.44% at 92.80p at 1211 GMT.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

NAHL Group Market Data

Currency UK Pounds
Share Price 61.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 67.00
52 Week Low 36.60
Volume 2,527
Shares Issued 46.89m
Market Cap £28.84m
RiskGrade 198

NAHL Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.27% below the market average50.27% below the market average50.27% below the market average50.27% below the market average50.27% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
84.00% above the market average84.00% above the market average84.00% above the market average84.00% above the market average84.00% above the market average
58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average
Income Not Available
Growth
16.45% above the market average16.45% above the market average16.45% above the market average16.45% above the market average16.45% above the market average
4.00% above the sector average4.00% above the sector average4.00% above the sector average4.00% above the sector average4.00% above the sector average

NAHL Group Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-19 25-Apr-19
Paid 31-Oct-19 31-May-19
Amount 2.60p 5.70p

Trades for 28-Mar-2024

Time Volume / Share Price
10:51 1,200 @ 60.00p
10:46 1,226 @ 60.48p
10:04 101 @ 60.48p

NAHL Group Key Personnel

CFO Chris Higham

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