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Just Retirement Group

Current Price 104.80p Bid 102.40p Ask 106.60p Change 0.19%
Last Updated: 09/05/2024 03:24. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Specialist UK financial services outfit centred on the individual retirement income and defined benefit de-risking market. It was formed from the combination of Just Retirement Group and Partnership Assurance Group and caters to individual customers, financial intermediaries, corporate clients and pension scheme trustees. The company boasts of unrivalled intellectual property to help it deliver on its vision. It products for individuals include lifetime mortgages for those wishing to release some of the equity of their homes and protection products for people who have been declined by other insurers due to their medical conditions.

Financial Highlights Year Ended 31/12/2019

Revenue
£1,921.00m
Operating Profit/Loss
£555.30m
Dividend yield (%)
n/a
Total dividend for year
n/ap
Dividend cover
n/a
P/E Ratio
4.50

Key Personnel

Mr David Richardson
Chief Executive Officer
Mr Mark Godson
Executive Director
Mr Jim Brown
Independent Non-Executive Director
Ms Mary Kerrigan
Independent Non-Executive Director
Ms Mary Phibbs
Independent Non-Executive Director
Mr J P Hastings Bass
Non-Executive Chairman
Mr Kalpana Shah
Non-Executive Director
Mr Michelle Cracknell
Non-Executive Director

Stock Details

EPIC
JUSTl
ISIN
GB00BCRX1J15
Shares in Issue
564.40m
Market cap
£591.49m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
104.80p
Bid Price
102.40p
Ask Price
106.60p
Volume
165,958
Change Today
0.20p
% Change Today
0.19%
Open
104.00p
Previous Close
104.80p
Intraday High
105.40p
Intraday Low
103.00p
52 Week High
107.60p
52 Week Low
68.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
1,921.00
2,176.90
Operating Profit/Loss
555.30
117.30
Net Interest
-186.70
-202.80
Pre-Tax Profit
368.60
-85.50
Profit After Tax from continuing operations
302.40
-64.30
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
302.40
-64.30
Attributable to:
Equity Holders of Parent Company
302.60
-63.70
Minority Interests
-0.20
-0.60
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
28.37p
-6.83p
Diluted
28.00p
-6.83p
Adjusted
17.60p
18.30p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
26.80
21.40
Intangible Assets
154.40
171.00
Investment Properties
n/a
n/a
Investments
21,606.00
19,252.80
Other Financial Assets
n/a
n/a
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
96.10
86.80
Cash at Bank & In Hand
267.00
113.90
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
11.50
60.70
Total Assets
25,893.80
23,945.80

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
n/a
n/a
Total Current Liabilities
n/a
n/a
Non-Current Liabilities
Borrowings
660.00
573.40
Provisions
28.10
32.90
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
688.10
606.30
Other Liabilities
3,808.40
4,323.60
Total Liabilities
23,572.80
22,282.00

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
2,321.00
1,663.80

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
103.50
94.10
Share Premium Account
94.50
94.50
Other Reserves
943.90
879.30
Retained Earnings
885.90
596.50
Shareholders Funds
2,027.80
1,664.40
Minority Interests/Other Equity
293.20
-0.60
Total Equity
2,321.00
1,663.80

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
11 Apr 2024
15 May 2024
1.50p
Interim
24 Aug 2023
04 Oct 2023
0.58p
Final
13 Apr 2023
17 May 2023
1.23p
Interim
18 Aug 2022
02 Sep 2022
0.50p
Final
21 Apr 2022
17 May 2022
1.00p
Final
03 May 2018
25 May 2018
2.55p
Interim
02 Nov 2017
24 Nov 2017
1.17p
Interim
02 Nov 2017
24 Nov 2017
1.17p
Final
04 May 2017
26 May 2017
2.40p
2nd Interim
22 Sep 2016
28 Oct 2016
1.10p
2nd Interim
22 Sep 2016
28 Oct 2016
1.10p
2nd Interim
22 Sep 2016
28 Oct 2016
1.10p
Interim
05 May 2016
20 May 2016
1.10p
Final
12 Nov 2015
07 Dec 2015
2.20p
Interim
16 Apr 2015
14 May 2015
1.10p
Final
13 Nov 2014
08 Dec 2014
2.20p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
n/a%
n/a%
Dividend yield
n/a%
n/a%
Dividend cover
n/a
n/a


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