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Pre-close statement

4th Aug 2016 07:00

RNS Number : 1957G
AA PLC
04 August 2016
 

4 August 2016

 

AA plc

 

Trading in line with expectations and personal Membership numbers stabilising

 

The AA will announce interim results for the first half of the financial year ending 31 January 2017 on 28 September.

 

Trading, which is in line with market expectations, is benefiting from the ongoing transformation of the AA. In recent months we have arrested the decline in paid personal Members and grown sales of new Memberships. This reflects the success of the brand advertising, improvements to the Membership proposition and our more sophisticated digital channels to market. The first phase of the Customer Relationship Management system is now operational and data loading is ahead of plan. We are building our digital profile and the usage of the Roadside Assistance app has increased, providing for higher efficiency and better customer experience.

 

The Insurance Underwriter is progressing well and we recently launched home insurance underwriting, building on the strength of our brand.

 

We expect the disposal of the Irish business to close shortly.

 

The AA's resilience is evident and we expect Brexit to have a minimal effect on our business. We remain confident of the opportunities arising from the transformation of the AA.

 

Enquiries

Investors - The AA IR

Jill Sherratt +44 20 7395 7301

James Curran +44 20 7395 7443

 

Media - Headland Consultancy

Francesca Tuckett +44 20 3805 4822

Lucy Legh +44 20 3805 4822

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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