H1 2021	H1 2020
New business sales – PVNBP	£76.3m	£80.1m
IFRS profit before tax	£2.9m	£2.6m
IFRS basic earnings per share	2.0p	1.9p
Interim dividend – to be paid on 20 April 2021	1.8p	1.8p

 

As at	31 December 2020	30 June 2020
Assets under Administration	£1.17b	£1.08b
Value of In-Force1	£149.9m	£147.9m

¹ Regulatory basis

OUTLOOK

We expect the external global environment will remain challenging throughout the remainder of our financial year. Regional lockdowns and travel restrictions are expected to continue until vaccination programmes have been completed. We are confident our new business will continue to be resilient in the face of these challenges albeit we expect it will continue to lag behind the levels achieved last year. We continue to invest for the future through the on-going development of our Japanese proposition and the upgrade of our systems environment. While Covid-19 presents challenges to these projects, the launch of our Japanese proposition with our first distribution partner remains on track for Spring 2021.

GORDON MARR, GROUP CHIEF EXECUTIVE OFFICER, COMMENTED:

“I am pleased to report that Hansard has delivered a positive set of financial results under the on-going Covid-19 environment. We continue to deploy and utilise our technology and customer service strengths to support our brokers and clients wherever possible. Additionally, we are investing for the future through the on-going development of our Japanese proposition and the upgrade of our systems environment. There is good momentum behind these projects and we are working closely with our distribution partner in Japan to deliver a launch for Spring 2021.”

NEXT TRADING UPDATE

The next trading update in respect of our financial year ending 30 June 2021 is expected to be published on 6 May 2021.

FOR FURTHER INFORMATION: