EARNINGS PREVIEW: Admiral Group 08 Pretax Profit Seen Up 9.3%
March 02 2009 - 12:00PM
Dow Jones News
Admiral Group (ADM.LN): 2008 Earnings Figures
Due: March 3 at 0700 GMT
Company Survey of 12 Analysts
Average FY Pretax Profit: GBP199M, +9.3% (GBP182.1M in 07)
Note: A rise is expected largely due to continued firmness in
underwriting of car insurance in the UK as well as in contributions
from profit commissions by reinsurance partners. Still, these may
be tempered by lower profits at confused.com. The focus will be on
the sales outlook and any update on progress in overseas ventures.
(VDG)
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