NAH.L

NAHL Group Plc
NAHL Group PLC - Notice of Results and Investor Presentation
23rd April 2024, 06:00
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RNS Number : 5660L
NAHL Group PLC
23 April 2024
 

 

23 April 2024

NAHL Group PLC

("NAHL" or the "Group")

 

Notice of Results and Investor Presentation

 

NAHL (AIM: NAH), a leading marketing and services business focused on the UK consumer legal market will announce its Final Results for the year ended 31 December 2023 on Thursday 2 May 2024.

 

The Board confirms that the Final Results are expected to be in line with the trading update provided on 24 January 2024 which highlighted:

 

·      Continued growth in Group revenues and profit before tax

·      73% increase in cash received from settlements, reflecting 92% more claims settled in the Group's fully integrated law firm, National Accident Law ("NAL")

·      Over 35,000 new enquiries generated by National Accident Helpline, continuing its growth in market share

·      Strong performance from Bush & Co., achieving 11% growth in revenue and operating profit margin increase of 400 bps to 30%

·      Net debt reduced by 27% to £9.7m (31 December 2022: £13.3m)

 

Following publication of the Final Results, James Saralis, CEO, and Chris Higham, CFO, will provide a live presentation on Tuesday 7 May 2024 via the Investor Meet Company platform at 11:00.

 

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard or at any time during the live presentation via the "Ask a Question" function.

 

Investors can sign up to Investor Meet Company for free and apply to meet NAHL Group plc via: https://www.investormeetcompany.com/nahl-group-plc/register-investor

 

Investors who already follow NAHL Group plc on the Investor Meet Company platform will automatically be invited.

 

ENDS

 

 

For further information:

 

NAHL Group PLC

James Saralis (CEO)

Chris Higham (CFO)

 

 

via FTI Consulting

Tel: +44 (0) 20 3727 1000

Allenby Capital (AIM Nominated Adviser & Broker)

Jeremy Porter/Liz Kirchner (Corporate Finance)

Amrit Nahal/Stefano Aquilino (Sales & Corporate Broking)

 

Tel: +44 (0) 207 220 0500

FTI Consulting (Financial PR)

Alex Beagley

Eleanor Purdon

Amy Goldup

 

Tel: +44 (0) 20 3727 1000

Notes to Editors

NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services market. The Group provides services and products to individuals and businesses through its two divisions:

 

· Consumer Legal Services provides outsourced marketing services to law firms through National Accident Helpline; and claims processing services to individuals through National Accident Law, Law Together and Your Law.  In addition, it also provides property searches through Searches UK.

 

· Critical Care provides a range of specialist services in the catastrophic and serious injury market to both claimants and defendants through Bush & Co.

 

More information is available at www.nahlgroupplc.co.uk, www.national-accident-helpline.co.uk, www.national-accident-law.co.uk and www.bushco.co.uk.

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