Investor Briefing 2019 (834241)
July 02 2019 - 1:01AM
UK Regulatory
Daily Mail and General Trust plc (DMGT)
Investor Briefing 2019
02-Jul-2019 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
2 July 2019
Daily Mail and General Trust plc (DMGT)
Investor Briefing 2019
DMGT will be hosting a briefing for investors today, Tuesday 2 July. The
event will focus on DMGT's Insurance Risk business, RMS, including
presentations from several members of the management team.
The presentations will demonstrate the strength of the RMS catastrophe risk
modelling business, where technological innovation continues to underpin its
market leading position. RMS will also set out its plans to enter the large
and high growth Insurance Risk Analytics market, where the recently launched
new software platform, Risk Intelligence, will be an important enabler in
the delivery of its new products and services.
RMS will continue to take a disciplined approach to investing in the
significant growth opportunities that have been identified and in delivering
products to the prioritised market segments quickly and efficiently.
Given the attractive market dynamics and strength of the business's customer
proposition, the Board of DMGT remains confident that, with the new
management team in place, RMS is well placed to create significant long-term
value for shareholders. RMS is expected to continue to deliver modest
revenue growth over the next two to three years before gradually
accelerating as the new products and services gain traction. Profitability
is expected to improve as the current investment programme peaks and revenue
growth accelerates.
Today's event will be webcast live, at 2.00pm UK time, 9.00am East Coast
time, on DMGT's website, www.dmgt.com/IB19 [1].
There will be no new material disclosures.
For further information
For analyst and institutional enquiries:
Adam Webster, Head of Investor Relations +44 20 3615 2903
For media enquiries:
Doug Campbell / Paul Durman, Teneo +44 20 7260 2700
About DMGT
DMGT manages a portfolio of companies that provide businesses and consumers
with compelling information, analysis, insight, events, news and
entertainment. The Group takes a long-term approach to investment and has
market-leading positions in consumer media, insurance risk, property
information, education technology, energy information and events &
exhibitions. In total, DMGT generates revenues of around GBP1.4bn.
ISIN: GB00BJQZC279
Category Code: MSCL
TIDM: DMGT
LEI Code: 4OFD47D73QFJ1T1MOF29
Sequence No.: 11953
EQS News ID: 834241
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