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Direct Line Insurance Group PLC Fundamentals

Company NameDirect Line Insurance Group PLCLast Updated2021-07-29
IndustryInsurance - DiversifiedSectorFinancial Services
Shares in Issue1.348 bnMarket Cap£4.00 bn
PE Ratio11.74Dividend per Share£0.07
Dividend Yield7.39Dividend Cover3.45
EPS£0.26EPS Growth (%)-0.13
PEG1.83DPS Growth (%)-0.6509
Debt Ratio0.0749Debt Equity Ratio0.2196
Asset Equity Ratio3.1588Cash Equity Ratio1.7475
Quick Ratio0Current Ratio0
Price To Book Value1.3240ROCE0

Direct Line Insurance Group PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2021-04-082021-05-20GBP0.1470
Interim2020-08-132020-09-04GBP0.0740
Interim2019-08-082019-09-06GBP0.0720
Prelim2019-04-042019-05-16GBP0.1400
Interim2018-08-092018-09-07GBP0.0700

Direct Line Insurance Group PLC Company Financials

Assets202020192018
Tangible Assets£283.90 m£292.60 m£309.60 m
Intangible Assets£786.80 m£702.50 m£566.80 m
Investments000
Total Fixed Assets000
Stocks000
Debtors£848.20 m£846.50 m£875.90 m
Cash & Equivalents£5.32 bn£5.03 bn£5.30 bn
Other Assets000
Total Assets£9.62 bn£9.43 bn£9.54 bn
Liabilities202020192018
Creditors within 1 year000
Creditors after 1 year000
Other Liabilities000
Total Liabilities£6.58 bn£6.44 bn£6.63 bn
Net assets£3.05 bn£2.99 bn£2.90 bn
Equity202020192018
Called up share capital£148.90 m£150.00 m£150.00 m
Share Premium000
Profit / Loss£451.40 m£509.70 m£580.50 m
Other Equity£3.05 bn£2.99 bn£2.90 bn
Preference & Minorities000
Total Capital Employed£3.05 bn£2.99 bn£2.90 bn
Ratios202020192018
Debt Ratio£0.18£0.12£0.13
Debt-to-Equity£0.22£0.14£0.15
Assets / Equity3.15883.15883.1588
Cash / Equity1.74751.74751.7475
EPS£0.26£0.30£0.33
Cash Flow202020192018
Cash from operating activities£584.70 m£462.10 m£491.60 m
Cashflow before financing£432.90 m-£8.50 m-£70.30 m
Increase in Cash£271.90 m-£196.10 m-£212.10 m
Income202020192018
Turnover£3.17 bn£3.23 bn£3.37 bn
Cost of sales000
Gross Profit000
Operating Profit000
Pre-Tax profit£451.40 m£509.70 m£580.50 m

Direct Line Insurance Group PLC Company Background

SectorFinancial Services
ActivitiesDirect Line was founded in 1985 by Peter Wood and Martin Long and became synonymous with the television ads that touted Direct Line's red telephone. This was the unique selling point for the company; the telephone was the main channel usedfor communication and distribution. It was launched to cut out the middleman and another step in the United Kingdom's insurance industry's disintermediation.In the early years while expanding into home insurance, the business was acquired by the bank Royal Bank of Scotland. This partnership then came to a head in 2009 when RBS was forced to agree to a divestment in order to satisfy terms of a bailout. That divestment was completed in February 2014.
Latest Interim Date4 Aug 2020
Latest Fiscal Year End Date8 Mar 2021

Direct Line Insurance Group PLC Directors

AppointedNamePosition
2015-05-13Mr. Glyn Parry JonesNon-Executive Director
2021-03-22Ms. Danuta GrayNon-Executive Director,Chairman
2018-05-10Mr. Anthony Jonathan ReizensteinExecutive Director
2018-05-10Mr. Andrew William PalmerNon-Executive Director
2019-05-09Mr. Paul Robert GeddesExecutive Director,Chief Executive Officer
2021-07-28Mr. Neil ManserExecutive Director,Chief Financial Officer
2016-03-01Ms. Priscilla Audrey VacassinNon-Executive Director
2021-03-22Mr. Sebastian JamesNon-Executive Director
2021-04-28Ms. Jane Carolyn HansonNon-Executive Director
2019-05-09Ms. Clare Eleanor ThompsonNon-Executive Director
2015-03-24Mr. Humphrey Michael TomlinsonCompany Secretary
2021-03-22Mr. Gregor StewartNon-Executive Director
2021-05-25Ms. Penelope Jane JamesExecutive Director,Chief Executive Officer
2019-06-28Mr. Mike Holliday-WilliamsExecutive Director
2021-04-28Mr. Timothy HarrisExecutive Director,Chief Financial Officer

Direct Line Insurance Group PLC Contact Details

Company NameDirect Line Insurance Group PLC
AddressWestmoreland Road, Churchill Court, Bromley, BR11DP
Telephone+44 1132920667
Websitehttps://www.directlinegroup.co.uk

Direct Line Insurance Group PLC Advisors

StockbrokerRBC Capital Markets
Phone+44 2076534000
Financial AdviserRBC Capital Markets
Phone020 7653 4000
Fax020 7029 7900
AuditorDeloitte LLP
Phone+44 2079363000
Fax+44 2075831198
Remuneration ConsultantFIT Remuneration Consultants LLP
Phone+44 2070311111
Remuneration ConsultantAllen & Overy
Phone+44 2030880000
Fax+44 2030880088
AuditorDeloitte
Phone020 7936 3000
StockbrokerGoldman Sachs International
Phone+44 2077741000
StockbrokerMorgan Stanley & Co International PLC
Phone+44 2074258000
Fax+44 2074258990
BankRoyal Bank of Scotland PLC
Financial PR AdviserBrunswick Group LLP
Phone+44 2074045959
Fax+44 2078312823
SolicitorSlaughter and May
Phone+44 2076001200
Fax+44 2070905000
SolicitorAllen & Overy LLP
Phone+44 2030880000
Fax+44 207339999
RegistrarComputershare Investor Services PLC
Phone+44 3707020003
Fax+44 3707036101