Admiral H1 FY26 pretax profit drops 18% to GBP 429.2 million; revenue slips 1% to GBP 2.44 billion
Reuters2026/08/06 06:05- Admiral posted H1 profit before tax from continuing operations of £429.2 million, down 18%, with EPS from continuing operations falling 18% to 109.0p.
- Interim dividend dropped 39% to 70.5p per share, with a £45 million share buyback taking total shareholder distributions down 26% to £258.8 million.
- Revenue was broadly flat at £3.11 billion, while insurance revenue edged down 1% to £2.44 billion.
- Return on equity slid 12 percentage points to 45%, while the solvency ratio after the dividend and buyback eased 4 percentage points to 190%.
- Group risks rose 5% to 12.03 million, with CEO Milena Mondini de Focatiis citing continued customer growth and progress integrating Flock.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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