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Admiral Group year-to-date turnover up 13%; says on track to hit or exceed analysts' FY08 profit forecast - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Admiral Group PLC (ADM.L) said its year-to-date turnover grew 13% to £718 million from last year. Number of customers increased 17% year-on-year to 1.71 million.

Further, the company said it is on track to hit or exceed analysts' consensus profit estimates for 2008.

Henry Engelhardt, Chief Executive, stated, "'First and foremost, we are on track to hit or exceed analysts' consensus profit estimates for 2008. Despite all the turmoil in the financial markets Admiral had another good quarter. Being a boring car insurer has its benefits!"

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