Middlesea Insurance plc – Preliminary Financial Statements

Middlesea Insurance plc announced that the Board of Directors of the company approved the audited financial statements for the financial year ended December 31, 2014 to be submitted for the approval of the forthcoming Annual General Meeting (AGM) scheduled for April, 24, 2015.

The group maintained a profit before tax of €17.3m. Total income from insurance activities for the period under review amounted to €14.9m, an increase of 11.3 per cent from 2013. Meanwhile, earnings per share increased to €0.078.

The Board further resolved to recommend that the AGM approves the payment of a final gross dividend of €0.05127 per share. The final dividend, if approved at the AGM, will be paid on May 23, 2015 to the shareholders on the company’s share register as at April 30, 2015.

To view the official company announcement, click here.