Jardine Lloyd Thompson Group PLC Interim Management Statement (5893D)
April 30 2013 - 5:46AM
UK Regulatory
TIDMJLT
RNS Number : 5893D
Jardine Lloyd Thompson Group PLC
30 April 2013
30(th) April 2013
Jardine Lloyd Thompson Group plc
Interim Management Statement
Jardine Lloyd Thompson Group plc ("JLT") is holding its Annual
General Meeting at 12 noon today where the following comments will
be made regarding current trading, financial performance and the
outlook for the financial year. This statement covers the period
from 1st January to 29(th) April 2013 in accordance with the
requirements of the Disclosure and Transparency Rules of the UK
Listing Authority.
The Group has made a positive start to the year and we are
pleased with our overall trading performance.
Within the Risk & Insurance group, organic growth remains in
line with expectations, with a particularly encouraging first
quarter in JLT Re. We continue to recruit leading industry
professionals to capitalise on the market opportunities we see.
The Employee Benefits group continues to make progress. Within
the UK, the integration of Alexander Forbes Consultants &
Actuaries is progressing well and internationally our operations
are delivering satisfactory growth.
As a consequence of recent acquisitions and organic growth
achieved in certain businesses, we anticipate that the contribution
of our various businesses to group underlying profits will result
in a more equal weighting of profits between the two halves than
was the case in previous years.
There have been no significant changes in the financial position
of the Company since the publication of the Annual Results for the
year ended 31st December 2012. JLT's financial position continues
to be robust with a strong balance sheet and extensive committed
borrowing facilities with considerable available headroom.
Dominic Burke, Chief Executive said:
"We have carried our momentum into the new year and we continue
to invest for growth in line with our specialty led strategy. We
remain confident that the Group will make financial progress in
2013."
-ENDS-
Enquiries:
Paul Dransfield
Corporate Communications
Jardine Lloyd Thompson Group 020 7528 4933
Dania Saidam
Brunswick Group LLP 020 7404 5959
The Interim Management Statement may contain forward-looking
statements which:
- have been made by the directors in good faith based on the
information available to them up to the time of their approval of
this statement; and
- should be treated with caution due to inherent uncertainties,
which are beyond Jardine Lloyd Thompson Group's ability to control
or estimate precisely and include both economic and business risk
factors, underlying such forward looking information.
The Interim Management Statement is available on the Company's
website at www.jltgroup.com.
The Group's audited financial statements for the year ended
31(st) December 2012 dated 15(th) March 2013 are available on the
Group's website www.jltgroup.com or from the Group Company
Secretary, David Hickman, at 6 Crutched Friars London EC3N 2PH.
Notes to Editors:
About Jardine Lloyd Thompson Group plc.
Jardine Lloyd Thompson is one of the world's largest providers
of insurance and employee benefits related advice, brokerage and
associated services. JLT's client proposition is built upon its
deep specialist knowledge, client advocacy, tailored advice and
service excellence.
JLT is quoted on the London Stock Exchange and owns offices in
35 territories with some 7,600 employees. Supported by the JLT
International Network, it offers risk management and employee
benefit solutions in 135 countries.
This information is provided by RNS
The company news service from the London Stock Exchange
This information is provided by RNS
The company news service from the London Stock Exchange
END
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