Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRecord Share News (REC)

Share Price Information for Record (REC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 64.40
Bid: 64.40
Ask: 65.40
Change: -0.40 (-0.62%)
Spread: 1.00 (1.553%)
Open: 64.80
High: 65.00
Low: 64.40
Prev. Close: 64.80
REC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Sabre Insurance reports premium growth

Thu, 19th Oct 2023 10:06

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

----------

SMALL-CAP - WINNERS

----------

Sabre Insurance PLC, up 3.7% at 155.50 pence, 12-month range 81.90p-168.00p. The motor insurance underwriter says gross written premiums are up 20% year-on-year to GBP162.2 million in the nine months to September 30. Strong growth of 34% in Motor Vehicle GWP, and a 15% rise in Taxi GWP help to offset a 49% drop in Motorcycle GWP. Says claims inflation continues at around 10% this year, but rate increases are sufficient to cover this, with loss rations improving towards historical norms. The benefit of this will be seen in 2024, Sabre says. For the year as a whole it backs GWP growth within a 20% to 25% range. "Our success so far this year is evident in the high premium levels and very strong solvency position which will allow sufficient headroom for further growth whilst allowing the board flexibility in determining an appropriate dividend distribution at year-end in-line with our policy," says CEO Geoff Carter.

----------

Hollywood Bowl Group PLC, up 3.9% at 242.50p, 12-month range 195p-279.50p. Shares in the bowling chain operator rise as it reports an update on the financial year ended September 30. Total revenue rises 11% annually to GBP215.0 million, rising 4.1% on a like-for-like basis in the UK. It expects growth in earnings before interest, tax, depreciation and amortisation to be ahead of market expectations. Expects to declare final dividend of at least 7p, after 8.53p the year before. "It has been fantastic to see so many families in our centres as they sought out fun, inclusive, affordable activities to keep their kids entertained throughout the year including during the unseasonal wet summer," says CEO Stephen Burns.

----------

SMALL-CAP - LOSERS

----------

Record PLC, down 5.7% at 73p, 12-month range 67.99p-101.24p. The currency and derivatives manager's stock falls in morning trade in London. It is down 7.6% over the past month.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
24 Jun 2021 16:07

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
23 Jun 2021 17:49

IN BRIEF: Record Non-Executive Director Rosemary Hilary to leave

IN BRIEF: Record Non-Executive Director Rosemary Hilary to leave

Read more
17 Jun 2021 13:21

TRADING UPDATES: Anpario performance improves; Sumo outlook confident

TRADING UPDATES: Anpario performance improves; Sumo outlook confident

Read more
10 Jun 2021 16:09

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
4 Jun 2021 16:40

EXECUTIVE CHANGES: Rosslyn Data Tech CFO to depart after CEO change

EXECUTIVE CHANGES: Rosslyn Data Tech CFO to depart after CEO change

Read more
23 Apr 2021 11:21

SMALL-CAP WINNERS & LOSERS: Photo-Me snapped up on raised guidance

SMALL-CAP WINNERS & LOSERS: Photo-Me snapped up on raised guidance

Read more
23 Apr 2021 10:32

Record posts best-ever assets as ends financial year strongly

Record posts best-ever assets as ends financial year strongly

Read more
23 Apr 2021 08:22

LONDON BRIEFING: UK retail sales bounce in March before shop reopening

LONDON BRIEFING: UK retail sales bounce in March before shop reopening

Read more
16 Apr 2021 14:51

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
8 Feb 2021 12:57

IN BRIEF: Record CIO Noyen Sells 1.5 Million Shares For GBP735,000

IN BRIEF: Record CIO Noyen Sells 1.5 Million Shares For GBP735,000

Read more
5 Feb 2021 12:28

EXECUTIVE CHANGES: Iconic Labs CEO; Tiziana Hires Executive Director

EXECUTIVE CHANGES: Iconic Labs CEO; Tiziana Hires Executive Director

Read more
22 Jan 2021 14:39

IN BRIEF: Record Reports Improved Performance In Third Quarter

IN BRIEF: Record Reports Improved Performance In Third Quarter

Read more
15 Jan 2021 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
21 Dec 2020 18:10

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

Read more
26 Nov 2020 16:05

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.