5 Oct 2016 07:00
www.jrpgroup.com
5 OCTOBER 2016
JRP GROUP PLC Capital Markets Day
A Sustainable Model In Growing Markets
Following completion of the merger of Just Retirement and Partnership in April, JRP Group is today hosting a capital markets day. JRP will update analysts and investors on its strategy, demonstrating that it has a profitable and sustainable business model in growing markets.
Rodney Cook, CEO of JRP Group, said:
"We are delighted to update the market on the progress we have made with our business model since our merger. Today's update explains how medical underwriting gives us an IP-driven competitive advantage. This, and our innovative distribution strategy will give us a continued edge in growing retirement income markets. Once our targeted merger synergies are captured we expect to achieve mid-teens new business IRR's. We also explain how our conservative balance sheet management and capital-lite financial model ensure the sustainability of our capital strategy. This has driven our resilient capital position. Our recent results demonstrated that the model is already delivering increasing shareholder value, through rising merger synergies and increased margins."
Enquiries
Investors / Analysts
James Pearce, Group Investor Relations Director
Telephone: +44 (0) 7715 085 099 james.pearce@justretirement.com
| Media
Stephen Lowe, Group Communications Director
Telephone: +44 (0) 1737 827 301 press.office@justretirement.com
Temple Bar Advisory Alex Child-Villiers William Barker Telephone: +44 (0) 20 7002 1080
|
JRP GROUP PLC
GROUP COMMUNICATIONS
Vale House, Roebuck Close
Bancroft Road, Reigate
Surrey RH2 7RU
A live webcast will be available on www.jrpgroup.com at 9am and the presentation slides will be posted on the website.
Due to security restrictions at the venue attendance is limited to those who have registered.
FINANCIAL CALENDAR:
Date | |
Payment of second interim dividend Business update for the period ending 30 September 2016 | 28 October 2016 3 November 2016 |
Just Group (JUST)