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Admiral staff get free shares after record profits
Western Mail
|August 15, 2025
AR insurance company Admiral has reported a record half-year financial performance, with 13,000 staff being rewarded with free shares worth up to £1,800.
After record revenues and profit in 2024, the Cardiff-headquartered venture - Wales’ only FTSE 100 business - kept a strong upwards trajectory in the first half of this year.
Admiral, which employs more than 7,000 in south Wales but also has insurance businesses in Spain, Italy and France, posted a 69% rise in pretax profit from continuing operations (not including its US car insurance business, which is being sold to JC Flower) from £307.6m in the first half of 2024 to £521m.
Its UK insurance business performed strongly, adding more than a million customers to reach 11.42 million, with profits up 56%.
This story is from the August 15, 2025 edition of Western Mail.
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