Admiral's H1 2010 profit grows to £126.9m
Admiral's group profit before tax has soared to £126.9m for H1 2010, a 21% increase on the same period last year (H1 2009: £105.3m).
Group turnover grew by 33% to £720.5m (H1 2009: £540.1m) while group customers increased by 23% to 2.37 million from 1.92 million at 30 June 2009.
Henry Engelhardt, Admiral group chief executive, said: "2010 is shaping up to be a year of great opportunity and I’m extremely proud of how everyone at Admiral has stepped up to the challenge. Their hard work has resulted in a decent set of numbers: turnover was up by a third, profits have grown by over 20% and we will soon be paying a record dividend
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