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IN BRIEF: Helios Underwriting mid-point forecast shows stronger market

1st Jun 2023 19:44

Helios Underwriting PLC - London-based limited liability vehicles investment company - Reports the initial mid-point profit forecast for 2022 of 5.7% compares to 3.9% in 2021, a recognition of stronger market conditions. Says this, compounded by Helios' increased retained capacity results in the recognition of additional after tax underwriting profits to be earned of 20 pence per share in the future.

Current stock price: 175 pence

12-month change: up 6.1%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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