FBD upbeat ahead of first half results
26/06/2006 - 08:29:53FBD Holdings plc has maintained its trading momentum in the year to date and is on course to achieve its operating profit target for the half year to June 30, 2006, it said today.
It also said insurance underwriting performance is ahead of budget, policy growth has continued to be strong and premium income levels are positive. Claims and other costs are running at anticipated levels.
Profit before tax will benefit substantially from the recent sale of land at La Cala, Mijas, Spain, the statement said today.
