The company, which was demerged from insurer Esure last year, said adjusted annual operating profi t would be up 30 per cent at £30 million, slightly higher than City forecasts.
Revenue was up 19 per cent to £142 million.
Chief executive Matthew Crummack said: “We continue to deliver good trading results.” Shares rose 8¼p to 76p.
Yabba, dabba Boohoo!
Online retailer Boohoo. com’s efforts to crack the US market have paid off as it hiked its annual sales forecast.
The firm , which has expanded its product range and recently launched clothing for children, said revenue in the last four months of 2016 jumped 52 per cent at constant exchange rates, with US sales up 188 per cent.
It has raised its guidance for sales growth in the year to February 28 to between 43-45 per cent from 38-42 per cent.
The outfit highlighted strong US trading across the Black Friday weekend.
£150k data theft fine
RSA Insurance has been fined £150,000 for losing the personal data of nearly 60,000 customers.
The Information Commissioner’s Office acted after the theft at RSA’s offices in West Sussex of a hard drive with customers’ names, addresses and bank details including account numbers and sort codes.
It was stolen by a member of staff or a contractor, was not encrypted and has not been recovered.
It also held credit card details of 20,000 customers. ICO said: “It simply didn’t take adequate precautions to protect customer information.”
Majestic’s gin tonic
Majestic Wine toasted its biggest ever Christmas after bumper sales of sparkling wines and gin.
It uncorked a 15.3 per cent rise in sales for the 10 weeks to January 2. The festive period accounts for about 30 per cent of its annual turnover, with a record 7.5 per cent growth in same-store sales.
Sparkling wine sales were up 12 per cent against a 3 per cent increase in champagne.
Gin sales grew by 55 per cent with Warner Edwards rhubarb gin and Sipsmith sloe gin standout performers. Shares rose 25½p to 349½p.