Motor insurance to loans group Admiral has reported stable first half profits and good customer growth amid economic challenges and high inflation.
The Cardiff-headquartered FTSE 100 business saw operating profits return to pre-pandemic levels after outlier years in 2020 and 2021 saw higher profits due to the impact of Covid-reducing loans.
The firm, which employs 7,500 in south Wales with offices also in Newport and Swansea, recorded group pre-tax profits of £251.3m for the six months to end of June this year.
