By Alexander Bueso
Date: Tuesday 18 Mar 2025
LONDON (ShareCast) - (Sharecast News) - Sabre Insurance saw its profit more than double in 2024, leading management to hike the dividend pay-out by nearly half.
Profit before tax was ahead by 105.9% to £48.6m on an IFRS basis.
That saw the motor insurer's return on tangible equity surge by 15.5 percentage points to an annualised rate of 38.2%.
The business's combined operating ratio meanwhile fell by 7.4 percentage points to 84.2%.
The total dividend was increased by 44% to reach 13.0p.
As of 0834 BST shares of Sabre Insurance were climbing 8.87% to 135.0p, having earlier reached an intra-session high of 137.80 - their best level since mid-January roughly.
-- More to follow --
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 131.80p |
Change Today | 1.60p |
% Change | 1.23 % |
52 Week High | 169.00 |
52 Week Low | 120.40 |
Volume | 1,300,474 |
Shares Issued | 250.00m |
Market Cap | £329.50m |
RiskGrade | 127 |
Value |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Price Trend |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Income |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Growth |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Strong Buy | 4 |
Buy | 3 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 9 |
Latest | Previous | |
---|---|---|
Final | Special | |
Ex-Div | 17-Apr-25 | 17-Apr-25 |
Paid | 04-Jun-25 | 04-Jun-25 |
Amount | 8.40p | 2.90p |
Time | Volume / Share Price |
16:44 | 250,000 @ 142.98p |
16:41 | 47,768 @ 131.80p |
16:41 | 98,658 @ 131.80p |
16:35 | 193,067 @ 131.80p |
16:35 | 247 @ 131.80p |
CEO | Geoffrey Richard Carter |
Chair | Rebecca Ann Shelley |
You are here: research