International Personal Finance Plc 2018 performance expected to be ahead of consensus (5210U)
July 13 2018 - 2:00AM
UK Regulatory
TIDMIPF
RNS Number : 5210U
International Personal Finance Plc
13 July 2018
13 July 2018
International Personal Finance plc
Trading update: 2018 performance expected to be ahead of market
consensus
This announcement contains inside information
International Personal Finance is pleased to report that trading
in the first six months of the current financial year has been in
line with plan, with credit issued growth in Mexico home credit and
IPF Digital and a modest contraction in European home credit.
Portfolio quality remains within our target range and, as a result
of stronger than expected post-field collections in our European
home credit businesses, we now expect to exceed the current 2018
profit before tax consensus of GBP99.4m by approximately 10%. Our
expectation for financial performance in 2019 remains broadly in
line with current consensus.
Further information on the half-year performance and
expectations for the year as a whole will be provided with our 2018
half-year financial report which will be published on Wednesday 25
July 2018.
Investor relations and media contacts
International Personal Finance Rachel Moran - Investor Relations
plc +44 (0)7760 167637 / +44 (0)113
285 6798
Gergely Mikola - Media
+36 20 339 02 25
FTI Consulting Neil Doyle
+44 (0)20 3727 1141 / +44 (0)7771
978 220
Laura Ewart
+44 (0)20 3727 1160 / +44 (0)7711
387085
Legal Entity Identifier: 213800II1O44IRKUZB59
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END
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