logo-loader
viewFFI 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: - -

AIM:FFI
Market: AIM
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Alkane Resources Ltd's Nic Earner updates on demerger progress and next...

Alkane Resources Limited’s (ASX:ALK) Nic Earner recaps on plans to split subsidiary Australia Strategic Materials which houses their Dubbo project and JV in Korea from its gold business which will remain as Alkane. Earner also updates on work at Tomingley as well as recent results from the...

21 hours, 32 minutes ago

2 min read