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NAHL revenue, operating profit down slightly in first half

Tuesday, 19th September 2017
NAHL, a UK marketing and services business focused on the UK consumer legal market, on Tuesday announced a slight fall in operating profit for the first half fiscal year which ended 30 June 2017.

Earnings per share also fell to 9.0p from 13.2p for H1 2016.

Revenue declined to £24.9m from £25.8m for the same period in 2016.

Underlying operating profit was also down, to £7.3m from £8.8m year-on-year.

Underlying operating profit margin also fell to 29.5% from 34.0% in H1 2016.

There was profit before tax of £5.3m after a £1.0m brand repositioning charge in the Personal Injury business, down from £7.5m in H1 2016.

There was a strong performance from the Residential Property division, the company reported, and the Critical Care division continues to perform well with new strategic business opportunities being pursued.

At 10:10am: (LON:NAH) Nahl Group share price was +0.75p at 133.5p

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