logo
Plus   Neg
Share
Email

Admiral Q1 Turnover Increases - Quick Facts

Admiral Group Plc (ADM.L) issued its interim management statement for the period from January 1, 2012 to April 26, 2012.

For the first quarter, Group turnover rose 9% to 586 million pounds from 539 million pounds in the prior year. Group vehicle count increased 17% to 3.4 million from 2.9 million pounds in the previous year.

Henry Engelhardt, chief executive officer, commented, "Admiral has made a good start to the year with performance in the first quarter as we had expected. Our business continues to grow and prosper and our expectations for the full year remain positive and unchanged."

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Boeing Company (BA) reported that its first-quarter core earnings per share increased to $3.64 from $2.17, prior year, reflecting strong performance across the company. Core operating earnings improved 35% year-over-year to $2.51 billion from $1.86 billion, previous year. GAAP earnings from operations increased 30% to $2.88 billion. Net earnings improved 57% year-over-year to $2.48 billion. Earnings per share was $4.15 compared to $2.54. Operating cash flow was $3.1 billion for the quarter. Micro-blogging site Twitter Inc. on Wednesday reported a turnaround to profit in the first quarter on strong double-digit revenue growth. This is the company's second quarterly profit. Both revenue and adjusted earnings per share beat analysts' estimates. Twitter's average monthly active users or MAU figure rose 3 percent year-over-year and also increased from the preceding quarter. Shares of Credit Suisse Group AG were gaining around 4 percent in Swiss trading after the banking giant reported Wednesday higher profit in its first quarter, despite lower net interest income. The company said it had planned 2018 to be a year of acceleration in its performance in its 12-quarter restructuring program.
Follow RTT