**Summary of Hansard Global plc Interim Results for H1 2026**
**Financial Performance**
**Profit Before Tax** Increased significantly to £2.6 million in H1 2026, up from £0.5 million in H1 2025, driven by strong global equity markets, disciplined cost management, reduced litigation expenses, and one-off income items.
**New Business Sales (PVNBP)** Remained stable at £49.2 million, compared to £49.1 million in H1 2025, with a shift in momentum from Q1 to Q2 due to product enhancements and improved distributor engagement.
**Assets Under Administration (AUA)** Grew by 8% to £1.2 billion since June 2025, reflecting positive market movements and inflows into the single premium proposition.
**Interim Dividend** Maintained at 1.8p per share, consistent with previous years.
**Strategic and Operational Highlights**
**Product Enhancements** Expanded ETF range, improved segmentation features, and introduced multi-beneficiary capabilities and alternative charging structures, leading to a sales rebound in Q2.
**Japan Market Entry** Successfully launched the Japan proposition shortly after the period end, marking a significant strategic milestone. Initial volumes are modest but expected to grow.
**Cost Management** Expenses decreased by 4% to £17.7 million, primarily due to lower litigation costs and continued cost discipline.
**Capital Position** The Group remains strongly capitalized, operating well <mark style="background-color:yellow">above</mark> regulatory solvency requirements.
**New Business Breakdown**
**Single Premium Sales** Increased by 9% to £34.6 million, offsetting a 15% decline in regular premium sales to £14.6 million.
**Geographical Performance** Growth was notable in the Far East, particularly in the Philippines, Malaysia, and Thailand, supported by improved distributor engagement and product enhancements.
**Outlook**
**Positive Trajectory** The Group expects an uplift in full-year profitability, supported by improving sales momentum, strengthening distributor relationships, and the successful launch in Japan.
**Strategic Focus** Continued emphasis on evolving the proposition, expanding international reach, and leveraging the operating platform to drive sustainable growth.
**Chairmans Statement**
**Momentum** The Group enters H2 with growing momentum, supported by product enhancements, international expansion, and improved profitability.
**Dividend** The Board declared an interim dividend of 1.8p per share, reflecting confidence in the Groups financial position and future prospects.
**Risk Management and Internal Control**
**Enterprise Risk Management (ERM)** The Group maintains a comprehensive ERM framework to identify, assess, and manage risks, ensuring robust governance and strategic decision-making.
**Principal Risks** Key risks include distribution, market, credit, liquidity, insurance, legal/regulatory, operational resilience, employee engagement, corporate sustainability, and cyber/information security risks.
**Conclusion**
Hansard Global plc demonstrated resilience and strategic progress in H1 2026, with improved financial performance, successful product and market initiatives, and a strong capital position. The Group is well-positioned for continued growth and value creation in the second half of the year and beyond.