Half Year 2019 Direct Line Insurance Group PLC Earnings Call Transcript

Jul 31, 2019 / 08:00AM GMT
Penelope Jane James - Direct Line Insurance Group plc - CEO & Executive Director

Good morning, everyone, and welcome to our First Half 2019 Financial Results. I think we're a few down [from the 2], so if we don't [instruct] all the way through that, apologies. And apologies for those who've had to dial instead of be here in person. I'll just take a pause and say thank you to Morgan Stanley for hosting us. And to simplify your lives, we've also -- we're going to put the speech online straight after this, so you've got to pick up on the website, [quite a funny note for the half].

I just want to say I am so proud and excited to be presenting today just the next stage of our journey. This is a great business with real potential, and I'm pleased with the progress that we've made in the first half.

So why don't I start by summarizing the first half on Slide 4? With a backdrop of a highly competitive motor market, we have delivered a good financial result. We're on track to meet our financial targets helped by the diverse business model and the cost and underwriting discipline.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot