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FFI Holdings PLC

FFI Holdings still facing headwinds in film insurance business

Other than completion contracts all divisions are trading in line with or ahead of FFI’s expectations

Hollywood
Insurance contracts still remain under pressure

Film insurance and services group FFI Holdings PLC (LON:FFI) will produce underlying profits this year at the bottom of its indicated range.

“Underlying EBIT will be within, but at the lower end of, the range of US$7.5mln to US$11.5mln.” 

In the half year to September, FFI posted underlying EBIT of US$6mln.

Completion contracts, the insurance policies that make sure a film is made, are still facing headwinds but all other divisions are trading in line with or ahead of the FFI’s expectations, the statement added.

Quick facts: FFI Holdings PLC

Price: £0.26

Market: AIM
Market Cap: £40.24 m
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