연말 거래 업데이트
발행 전에 이 발표에 포함된 정보는 시장 남용(수정)(EU 출구) 규정 11/2019의 규정 310 목적을 위한 내부 정보를 구성하는 것으로 그룹에 의해 간주되었습니다. 이 발표가 발표됨에 따라 이 정보는 이제 공개 도메인에 있는 것으로 간주됩니다.
1월 24 2024
NAHL 그룹 PLC
("NAHL" 또는 "그룹")
연말 거래 업데이트
Continued progress and significant reduction in net debt
The Board of NAHL (AIM: NAH), a leading UK marketing and services business focused on the UK consumer legal market, is pleased to provide an update on trading for the financial year ended 31 December 2023 (the "Period").
하이라이트
· 그룹 매출 및 세전 이익의 지속적인 성장
· 합의금 수령 현금 73% 증가, 이는 그룹의 완전 통합 법률 회사인 National Accident Law("NAL")에서 해결된 청구가 92% 증가한 것을 반영합니다.
· National Accident Helpline에서 35,000건 이상의 신규 문의가 발생하여 시장 점유율이 지속적으로 성장하고 있습니다.
· Bush & Co.의 강력한 성과로 매출 11% 성장, 영업이익률 400bps에서 30%로 증가
· 순 부채는 27% 감소하여 £9.7m(31년 2022월 13.3일: £XNUMXm)으로 감소했습니다.
그룹 결과
Based on unaudited results, the Board expects to report revenues for the Period of approximately £42.2m (2022: £41.4m), 2% ahead of the prior year. Operating profit is expected to be slightly ahead of market expectations at approximately £4.1m (2022: £4.8m) and reflects the planned investment in scaling NAL for greater returns in the medium to long term.
Profit before tax ("PBT") for the Period is expected to be in line with market expectations at approximately £0.6m (2022: £0.6m). These statutory PBT figures include approximately £0.8m of amortisation of intangible assets related to business combinations. This amortisation will conclude in the current year to 31 December 2024.
The Group continued to generate strong levels of cash flow through the second half of the year and as a result has been able to significantly reduce net debt, ahead of market expectation. Net debt at 31 December 2023 was £9.7m, down 16% from £11.5m at 30 June 2023 and down 27% from £13.3m at 31 December 2022. The market expectation was £10.3m at 31 December 2023.
부문별 실적
Revenues in the Consumer Legal Services division are expected to be 2% lower than last year at approximately £27.6m (2022: £28.3m) and operating profit 33% lower at £2.8m (2022: £4.2m). This performance was anticipated due to the continued investment in scaling NAL alongside a reduction in revenue and operating profit from the joint ventures and a reduction in revenue from Residential Property following the disposal of Homeward Legal in April 2023. The personal injury business remained profitable after deducting members' non-controlling interests in LLPs.
The personal injury market has remained subdued but National Accident Helpline has continued to grow market share, generating over 35,000 enquiries in the Period, which is 2% higher than the prior year2.
The Group distributed 8,518 new enquiries into NAL in the Period. Whilst this is slightly less than the prior year (2022: 8,760), these enquiries comprise a richer mix than 2022 and so are anticipated to generate a higher return on settlement. The firm ended the year processing 9,983 ongoing claims (31 December 2022: 10,860) and NAL significantly increased cash from settlements by 73% to £6.0m (2022: £3.5m), demonstrating the growing maturity of the firm and contributing to the Group's overall reduction in net debt.
The division continued to utilise its flexible placement model and enjoyed ongoing demand for enquiries from its panel of third-party law firms, benefitting cash flow. The Group's mature joint venture partnerships performed well, generating £4.4m of cash (2022: £3.3m), after deducting drawings to LLP members.
In the Group's Critical Care division, Bush & Co. had a very strong year. Revenues are expected to be 11% higher than last year at approximately £14.6m (2022: £13.2m) and operating profit is expected to be 29% ahead at approximately £4.4m (2022: £3.4m).
These results reflect an excellent year for expert witness services, in which revenues grew by 35% due to an increase in the volume and value of reports issued to customers. Case management revenues for the Period were in line with the prior year and Bush & Co. Care Solutions grew revenues by 39%. To support this growth, Bush & Co. increased the number of case managers and expert witnesses it works with by 23%.
NAHL의 CEO인 James Saralis는 다음과 같이 말했습니다.
"2023 represented another year of solid progress and I am delighted to be reporting a strong financial performance for NAHL.
"Whilst the personal injury market remained subdued, we have successfully completed our transformation into an integrated law firm with improved cash generation and NAL increased cash from settlements by 73% to £6.0m. Critical Care has delivered a strong financial and operational performance and there is an exciting opportunity to deliver further market share growth.
"The Group continued to generate high levels of cash and this led to a 27% reduction in net debt to £9.7m, which was well ahead of market expectations. The steps we have taken in recent years to enhance the Group have borne fruit and NAHL ended its financial year in a robust position with cause to be optimistic for the future."
배송 시 요청 사항:
1) 2023년 전체 수치는 모두 감사 대상입니다.
2) Like-for-like enquiry numbers exclude tariff-only road traffic accident claims, which the Group ceased to process in February 2022.
자세한 내용은 :
NAHL 그룹 PLC 제임스 사라리스 (CEO) 크리스 하이엄(CFO)
| FTI 컨설팅을 통해 전화 : + 44 (0) 20 3727 1000 |
Allenby Capital(AIM 지명 고문 및 Broker) Jeremy Porter/Liz Kirchner(기업 금융) Amrit Nahal/Stefano Aquilino(영업 및 기업 중개)
| 전화 : + 44 (0) 20 3328 5656 |
FTI 컨설팅(재무홍보) 알렉스 비글리 엘리너 퍼든 에이미 골업 | 전화 : + 44 (0) 20 3727 1000 |
편집자 주
NAHL Group plc(AIM: NAH)는 소비자 법률 서비스 시장의 리더입니다. 그룹은 다음 두 부문을 통해 개인과 기업에 서비스와 제품을 제공합니다.
· 소비자 법률 서비스 National Accident Helpline을 통해 법률 회사에 아웃소싱 마케팅 서비스를 제공하고 National Accident Law, Law Together 및 Your Law를 통해 개인에게 청구 처리 서비스를 제공합니다. 또한 Searches UK를 통해 부동산 검색도 제공합니다.
· 중환자 케어 Bush & Co.를 통해 청구인과 피고 모두에게 재난 및 중상 시장에서 다양한 전문 서비스를 제공합니다.
더 자세한 정보는에 있습니다. www.nahlgroupplc.co.uk, www.national-accident-helpline.co.uk, www.national-accident-law.co.uk 과 www.bushco.co.uk.
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