PensionBee Group PLC - London-based online pension provider - Closing assets under management at June 30 increase 38% to £3.70 billion from £2.68 billion a year prior, boosted by positive market growth and other of £210 million compared to a loss in the segment of £392 million. Adjusted loss before interest, tax, depreciation and amortisation narrows to £8 million from £15 million. Looking ahead, PensionBee remains confident in potential for growth and profitability and reiterates guidance of a 2% market share in the UK transferable pensions markets over the next 5 to 10 years.

Current stock price: 75.00 pence per share

12-month change: down 19%

Copyright 2023 Alliance News Ltd. All Rights Reserved.