Investors to benefit as FBD continues to grow

INVESTORS in insurance-to-leisure group FBD could be in line for significant dividend hikes.

The strong trading performance could push cash reserves to €100m by the end of 2006.

Davy Stockbroker’s analyst Scott Rankin said FBD is continuing to grow its volumes at a double-digit pace as it benefits not only from the growth in the demand for insurance but from increased brand awareness and keen pricing.