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Direct Line Insurance Group

Current Price 286.40p Bid 284.90p Ask 287.60p Change -0.93%
Last Updated: 05/06/2020 21:51. Prices delayed by at least 15 minutes.
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Company Overview

Insurance provider focused on the UK personal motor and home insurance market. Its roughly 10,000-strong staff serve clients online, by phone and indirectly through partners in its Commercial business, via brokers. Based in Bromley, it gained entry into the top flight index in September 2014, just over half a year after RBS sold its remaining stake in the outfit. Its brands include Direct Line, Privilege, Churchill, Brand Partners, NIG and Green Flag.

Financial Highlights Year Ended 31/12/2019

Revenue
£3,202.60m
Operating Profit/Loss
£535.70m
Dividend yield (%)
2.30
Total dividend for year
n/ap
Dividend cover
4.10
P/E Ratio
10.60

Key Personnel

Mr Tim Harris
CFO & Executive Director
Mr Michael N Biggs
Chairman
Mrs Penny James
Chief Executive Officer
Mr Gregor Stewart
Independent Non-Executive Director
Mr Mark Gregory
Independent Non-Executive Director
Mr Sebastian James
Independent Non-Executive Director
Ms Danuta Gray
Independent Non-Executive Director
Ms Fiona McBain
Independent Non-Executive Director
Ms Jane Hanson
Independent Non-Executive Director
Dr Richard Ward
Senior Independent Director

Stock Details

EPIC
DLG
ISIN
GB00BY9D0Y18
Shares in Issue
1,364.55m
Market cap
£3,908.08m
Sector

Analyst Views (18)

Strong Buy
 
66.67%
Buy
 
11.11%
Hold
 
22.22%
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 view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
286.40p
Bid Price
284.90p
Ask Price
287.60p
Volume
4,124,513
Change Today
-2.70p
% Change Today
-0.93%
Open
290.00p
Previous Close
286.40p
Intraday High
291.80p
Intraday Low
284.30p
52 Week High
348.00p
52 Week Low
227.30p
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
3,202.60
3,306.70
Operating Profit/Loss
535.70
606.40
Net Interest
-26.00
-25.90
Pre-Tax Profit
509.70
580.50
Profit After Tax from continuing operations
419.90
472.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
419.90
472.00
Attributable to:
Equity Holders of Parent Company
419.90
472.00
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
29.3000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
29.50p
33.30p
Diluted
29.20p
32.90p
Adjusted
29.50p
33.30p
Dividend per Share
n/ap
29.3000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
292.60
309.60
Intangible Assets
702.50
566.80
Investment Properties
291.70
322.10
Investments
4,673.40
4,737.80
Other Financial Assets
121.50
48.20
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
966.70
1,000.40
Cash at Bank & In Hand
948.60
1,154.40
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
185.90
187.40
Total Assets
9,434.20
9,535.40

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
50.30
46.00
Total Current Liabilities
50.30
46.00
Non-Current Liabilities
Borrowings
475.70
488.80
Provisions
83.90
77.30
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
559.60
566.10
Other Liabilities
1,536.50
1,531.40
Total Liabilities
6,444.10
6,630.70

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
2,990.10
2,904.70

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
150.00
150.00
Share Premium Account
n/a
n/a
Other Reserves
1,813.90
1,725.30
Retained Earnings
1,026.20
1,029.40
Shareholders Funds
2,990.10
2,904.70
Minority Interests/Other Equity
n/a
n/a
Total Equity
2,990.10
2,904.70

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
08 Aug 2019
06 Sep 2019
7.20p
Final
04 Apr 2019
16 May 2019
14.00p
Final
04 Apr 2019
16 May 2019
14.00p
Interim
09 Aug 2018
07 Sep 2018
7.00p
Final
05 Apr 2018
17 May 2018
13.60p
Final
05 Apr 2018
17 May 2018
13.60p
Interim
10 Aug 2017
08 Sep 2017
6.80p
Final
16 Mar 2017
18 May 2017
9.70p
Interim
11 Aug 2016
09 Sep 2016
4.90p
Interim
11 Aug 2016
09 Sep 2016
4.90p
Final
10 Mar 2016
19 May 2016
9.20p
Final
10 Mar 2016
19 May 2016
9.20p
Interim
13 Aug 2015
11 Sep 2015
4.60p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
-65.71%
2.94%
Dividend yield
2.30%
6.60%
Dividend cover
4.10
1.59
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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