Share Prices & Company Research

Market News

27 Feb 2019 | 08:50

FBD Holdings profits slip as 'strong' dents gross written premium

FBD Holdings reported Wednesday a modest slip in pre-tax profit as gross written premium fell amid a 'strong' competition.

For the 12 months ended 31 December, pre-tax profits slipped to €50.1m from €49.7m a year earlier, and gross written premium fell to €371.5m from €372.5m a year earlier.

Strong competition in all customer segments has resulted in a decrease in gross written premium, the company said. 'In 2019 we are focused on our growth plans as a strong, independent Irish business. While the impact of anyBrexit is unwelcome to FBD and to our customers, we are resilient and we will navigate this together with Irish farming and with all other Irish businesses.'

At 8:50am: (LON:FBH) FBD Holdings PLC share price was +0.45p at 8.95p

Story provided by
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
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.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.