Firm also unveils second interim dividend timetable

PPI complaints surge

Abbey Protection chief executive Colin Davison said he expected more profitability from the firm in 2013 after setting up an alternative business structure (ABS).

In a statement, the firm announced that it expected its 2012 results to be “in line with market expectations”.

Davison said: “We are viewing 2013 with cautious optimism and expect that the underlying strength of our core divisions (Abbey Legal and Abbey Tax Protection), coupled with a trading subsidiary being granted an ABS licence from 1 January 2013 (allowing us to offer a wider range of legal services), will enable continued growth in the group’s profitability.”

Abbey Protection will announce its 2012 results on 26 March 2013.

The firm also confirmed the timetable for its second interim dividend. The announcement date will be 5 March, the ex-dividend date will be 13 March and the record date will be 15 March.