Breakdown recovery firm and insurance broker has boosted its share price since June float
Breakdown recovery firm and insurance broker AA will publish its first-half results tomorrow.
These are the company’s first set of results since it floated on the London Stock Exchange on 23 June.
AA’s initial public offering was priced at 250p a share. Despite a drop shortly after flotation, the price is now higher – the share price closed at 291.50p on Friday.
Before its flotation, AA was owned by private equity-backed holding company Acromas. Former sister company Saga has also floated on the stock market, making its debut on 23 May this year.
AA is the UK’s ninth-largest insurance broker, according to the 2014 edition of the Insurance Times Top 50 Brokers.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.






































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