0858 GMT - Sabre Insurance Group's new strategy will likely support earnings growth towards its pretax profit target, RBC Capital Markets analysts Derald Goh and Sarah Chong write in a note. The motor-insurance provider aims for at least 80 million pounds in pretax profit by 2030, the analysts say. The company's ability to self-fund growth without requiring additional capital investment should support an improved dividend outlook, they add. Additionally, management's ability to execute successfully on the new strategy could increase scale, they say. Shares are up 8% at 134 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
March 18, 2025 04:59 ET (08:59 GMT)
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