LONDON (Alliance News) - Long-term savings provider Hansard Global PLC on Thursday said it continued to win new business over the course of its financial year to the end of June.
Hansard said new business hit GBP119.3 million present value of new business premiums in the recent year, around 97% higher year-on-year.
The Middle East and Africa remained its strongest growth region, boosted by product launches in the fourth quarter.
Hansard said the UK's vote to leave the European Union will have no direct operational impact on its business, but said sterling's fall against the dollar would benefit its results if rates remain the same.
"We are pleased to announce the delivery of sustained new business growth quarter on quarter. The full year business levels have put us on a strong footing after a year of transition in 2015. We see further opportunities for growth in new and existing markets and are confident of achieving this in the coming financial year," said Chief Executive Gordon Marr.
Hansard shares were up 5.9% to 118.04 pence Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Hansard (HSD)