Hastings Group Holdings

HSTG: 176.30 +2.30 (+1.32%) delayed: 6 Dec 2019, 18:29

Trade now

Hastings Group Holdings Fundamentals

Share Price Information

Name Hastings Group Holdings
Epic HSTG
Sector Property & Casualty Insurance
ISIN GB00BYRJH519
Activites Hastings Group Holdings plc is one of the fastest growing general insurance providers to the UK market, with 2.7 million live customer policies and employing over 3,300 colleagues at sites in Bexhill, Leicester, Gibraltar and London. Hastings provides refreshingly straightforward products and services to UK car, bike, van and home insurance customers with around 90% of policies directly underwritten by its Gibraltar based insurer, Advantage Insurance Company Limited. Hastings Direct is a trading name of Hastings Insurance Services Limited, the Group's UK broker, which also trades via Hastings Premier, Hastings Essential, Hastings Direct SmartMiles, Peoples Choice and insurePink.
Index FTSE 250

Key numbers

Latest Share price (p) 176.30 Net gearing (%) 73.28
Market capitalisation (£m) 1,150.58 Gross gearing (%) 78.17
Shares in issue (m) 661.25 Debt ratio 78.17
P/E ratio 8.74 Debt-to-equity ratio 1.00
Total dividends per share (p) 13.50 Assets / equity ratio 4.58
Dividend yield (%) 7.76 Price to book value 1.77
Dividend cover 1.47 ROCE (%) 5.13
Earning per share (p) 19.90 EPS growth (%) 3.11
52-week high / low (p) 234.60 / 167.70 DPS growth (%) 7.14

Results at a glance

Date Type Turnover (£m) Profit (£m) Basic EPS Currency
31 Dec 2018 Full Year 756 131 19.90 GBP
31 Dec 2017 Full Year 716 127 19.30 GBP
31 Dec 2016 Full Year 0 97 11.90 GBP

Dividend history

Period Ex-date Pay-date Net dividend Currency Total for year
H1 Dividend 03 Oct 2019 08 Nov 2019 4.50 GBX 0.00
H2 Dividend 18 Apr 2019 31 May 2019 9.00 GBX 13.50
H1 Dividend 04 Oct 2018 09 Nov 2018 4.50 GBX 0.00
H2 Dividend 03 May 2018 31 May 2018 8.50 GBX 12.60
H1 Dividend 05 Oct 2017 10 Nov 2017 4.10 GBX 0.00
H2 Dividend 04 May 2017 31 May 2017 6.60 GBX 9.90
H1 Dividend 06 Oct 2016 04 Nov 2016 3.30 GBX 0.00
H2 Dividend 21 Apr 2016 31 May 2016 2.20 GBX 2.20

Contact details

Company name Hastings Group
Address Conquest House, Collington Avenue, Bexhill-on-Sea, East Sussex TN39 3LW.
Telephone +44 (0)142 473 8170
Website http://www.hastingsplc.com/

Advisors

Company's broker Credit Suisse
Company's joint broker n/a
NOMAD n/a
Registrar Link Asset Services
Auditors KPMG Audit
Solicitors Freshfields Bruckhaus Deringer LLP

Directors

Appointed Director Position
01 Mar 2018 Tobias Adriaan van der Meer Chief Executive Officer
10 May 2019 John Alexander Worth Chief Financial Officer
15 Jun 2015 Gary Andrew Hoffman Non-Executive Chairman
14 Aug 2017 Selina Shanti Sagayam Non-Executive Director
13 Jul 2016 Dr Teresa Robson-Capps Non-Executive Director
03 Sep 2015 Sumit Rajpal Non-Executive Director
03 Sep 2015 Pierre Paul Joseph Lefevre Non-Executive Director
03 Sep 2015 Thomas Colraine Non-Executive Director
26 Sep 2018 Elizabeth Grace Chambers Non-Executive Director
13 Jul 2016 Alison Sarah Burns Non-Executive Director
14 Mar 2017 Hermanus Lambertus Bosman Non-Executive Director

Company financials

Assets (£m) 2018 2017 2016
Reporting date 31 Dec 2018 31 Dec 2017 31 Dec 2016
Tangible assets 23 14 13
Intangible asssets and goodwill 551 557 567
Investments and other non-current assets 1,253 1,125 827
Total non-current assets 1,826 1,697 1,406
Inventory / work in progress 0 0 0
Trade and other receivables 445 421 357
Cash and equivalents 146 155 168
Other current assets and asset held for resale 566 545 432
Total of all assets 2,983 2,818 2,363
Liabilities (£m) 2018 2017 2016
Short term liabilities 0 0 0
Long term liabilities 0 0 0
Other liabilites / pension etc 2,332 2,205 1,809
Total of all liabilities 2,332 2,205 1,809
Net assets (£m) 2018 2017 2016
Net assets 651 613 554
Equity (£m) 2018 2017 2016
Share capital 13 13 13
Minority interests 0 0 0
Retained earnings 1,226 1,181 1,119
Share premium account 173 173 173
Other equity -761 -754 -751
Total equity 651 613 554
Cash Flow (£m) 2018 2017 2016
Cash from operating activities 151 222 173
Cashflow before financing 113 79 72
Increase / decrease in Cash -9 -13 16
Income (£m) 2018 2017 2016
Turnover 756 716 0
Cost of sales 0 0 0
Gross profit 0 0 0
Operating profit 162 184 132
Pre-tax profit 153 149 117
Profit / loss for the year 131 127 97