21 May 2019
NAHL Group PLC
("NAHL" or the "Group")
Caroline Brown, Chair of NAHL (AIM: NAH), the leading UK marketing and services business focused on the UK consumer legal market, will make the following statement at the Group's Annual General Meeting ("AGM") to be held at 10am today:
"During the first four months of 2019, the Group has continued to make good progress with its strategy. In April, our Personal Injury division commenced trading in its own law firm, National Accident Law, which was launched on time and on budget. As noted in previous announcements, this is expected to deliver materially enhanced profits and cash flow in future years as the profile of cases being processed by National Accident Law matures. The PI market continues to be competitive and trading conditions in our Residential Property division remain challenging. Our Critical Care division continues to generate growth. Overall, the Board's outlook for the full year remains unchanged."
For further information please call:
NAHL Group plc
Russell Atkinson (CEO)
James Saralis (CFO)
via FTI Consulting
Tel: +44 (0) 20 3727 1000
finnCap Ltd (NOMAD & Broker)
Julian Blunt / James Thompson (Corporate Finance)
Andrew Burdis (Corporate Broking)
Tel: +44 (0) 20 7220 0500
FTI Consulting (Financial PR)
Tel: +44 (0) 20 3727 1000
Notes to Editors
NAHL Group plc (AIM: NAH) is a leader in the Consumer Legal Services ("CLS") market. The Group provides services and products to individuals and businesses in the CLS market through its three divisions:
· Personal Injury provides outsourced marketing services to law firms through National Accident Helpline and claims processing services to individuals through Your Law, National Law Partners and National Accident Law.
· Critical Care provides a range of specialist services in the catastrophic and serious injury market to both claimants and defendants through Bush and Company Rehabilitation.
· Residential Property provides marketing services to law firms and conveyancers as well as surveys to individuals through Fitzalan Partners. It also provides property searches through Searches UK.
More information is available at www.nahlgroupplc.co.uk
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