Admiral Group Plc. £ADM - A Valuation On 2nd June 2021
This is a business that enjoys incredible economics. Will the rise of autonomous cars hurt them, or will it be smooth sailing for the Admiral?
The Story
The Admiral Group is a British financial services business offering motor, household and travel insurance and comparison and lending products. The company’s primary market is the UK, but they also have small insurance businesses in Italy, Spain, France and the US.
Recently, the company sold off its comparison business, Penguin Portals, and its …