Source - RNS
RNS Number : 6999L
JRP Group PLC
05 October 2016
 

 

 

                                                                                                                                           www.jrpgroup.com

5 OCTOBER 2016

                                                                                                                  

JRP GROUP PLC Capital Markets Day

A Sustainable Model In Growing Markets

 

Following completion of the merger of Just Retirement and Partnership in April, JRP Group is today hosting a capital markets day. JRP will update analysts and investors on its strategy, demonstrating that it has a profitable and sustainable business model in growing markets.

 

Rodney Cook, CEO of JRP Group, said:

 

"We are delighted to update the market on the progress we have made with our business model since our merger. Today's update explains how medical underwriting gives us an IP-driven competitive advantage. This, and our innovative distribution strategy will give us a continued edge in growing retirement income markets. Once our targeted merger synergies are captured we expect to achieve mid-teens new business IRR's. We also explain how our conservative balance sheet management and capital-lite financial model ensure the sustainability of our capital strategy. This has driven our resilient capital position. Our recent results demonstrated that the model is already delivering increasing shareholder value, through rising merger synergies and increased margins."

 

Enquiries

 

Investors / Analysts

 

James Pearce, Group Investor Relations Director

 

Telephone: +44 (0) 7715 085 099

[email protected]

 

Media

 

Stephen Lowe, Group Communications Director

 

Telephone: +44 (0) 1737 827 301

[email protected]

 

Temple Bar Advisory

Alex Child-Villiers

William Barker

Telephone: +44 (0) 20 7002 1080

 

 

JRP GROUP PLC

GROUP COMMUNICATIONS

Vale House, Roebuck Close

Bancroft Road, Reigate

Surrey RH2 7RU

 

A live webcast will be available on www.jrpgroup.com at 9am and the presentation slides will be posted on the website.

 

Due to security restrictions at the venue attendance is limited to those who have registered.

 

FINANCIAL CALENDAR:


Date

Payment of second interim dividend

Business update for the period ending 30 September 2016

28 October 2016

3 November 2016

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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