The "UK Wills, Probate Trusts Market Report 2022" report has been added to ResearchAndMarkets.com's offering. The eighth annual edition of the report that provides a review of the market, looking
o Revenue down 12% underlying o Cash operating income² down 13% underlying; 11% margin o Adjusted³ operating profit down 19% underlying; 9% margin o Adjusted profit before tax down 20% underlying o Adjusted EPS up 12% · Interim dividend increased +1% to 7.6p · Statutory · Active portfolio management strategy delivering value creation: o Increased investment in Cazoo in October 2020; proposed transaction values stake at c.US$1.35bn
5 vs £117m total investment o Disposal of EdTech (Hobsons) for c.US$410m in March 2021 o Acquisition of New Scientist for £67m in March 2021 · Strong financial position maintained: pro forma net cash £293m
6 and £362m of committed undrawn bank facilities; statutory net cash £199m
Press release content from Business Wire. The AP news staff was not involved in its creation.
United Kingdom Wills, Probate & Trusts Market 2020 - Sector to Reach 2 Billion GBP in 2021 - ResearchAndMarkets.com
February 8, 2021 GMT
The UK Wills, Probate & Trusts Market Report 2020 is the 7th edition of an annual research report from the publisher. The report provides a review of the Wills, Probate & Trusts market, looking at the market structure, key issues and new developments, market size and trends, the key players, future market developments and an opinion survey of practitioners.
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Here are some selected findings:
Market value growth in the wills, trusts and probate market is estimated to increase by 4.3% in 2020 compared to 2019. Both wills and probate services have experienced growth in 2020 although probate and estate administration has been stronger: sadly, the pandemic has driven increased demand for probate advice and also led to more complicated and conte