Direct Line Half Yearly Results - Willu Invest

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    Direct Line Half Yearly Results

    Half yearly results stated:

    First Half Adjusted EPS 19.7p
    First Half NAV/Share £1.94
    First Half Pre-tax Profit £341.4M
    First Half Operating Profit £359.7M
    First Half Net Profit £275.5M
    First Half EPS 20.0p
    Targets Maintaining 93% to 95% Combined Operating Ratio in Medium Term
    Reiterates Current Financial Targets for 2017
    First Half Gross Written Premium £1.69B
    Raises Dividend to 6.8p Vs 4.9p
    Aims to Grow the Regular Dividend in Line with Business Growth

    As of 9:00am the stock was trading up c.6.60% at c.399.70p


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