Anexo Group Plc Share News (ANX)

Anexo "excited" for future after increased annual profit and revenue

(Alliance News) - Anexo Group PLC on Wednesday hailed a "solid performance" throughout last year and declared a stable dividend in response.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Anexo announces proceedings issued against Mercedes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

IN BRIEF: Anexo eyes annual profit and revenue to beat prior year

Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Expects revenue to be between GBP135.0 million and GBP137.0 million for 2022, and pretax profit to be between GBP24.0 million and GBP26.0 million, at the upper end of this range broadly in line with market expectations. In 2021, revenue was GBP118.2 million, and pretax profit was GBP23.7 million. Looking ahead, says it remains focused on quality claims, high service standards and high success rates.

Anexo PBT seen broadly in line with expectations, provides update on Mercedes suit

(Sharecast News) - Credit hire and legal services firm Anexo said on Tuesday that annual pre-tax profits were expected to be broadly in line with market expectations as it provided an update on recent trading and its class action lawsuit against Mercedes Benz.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Anexo Group appoints Zeus Capital as joint broker

Anexo Group PLC - Merseyside, England-based integrated credit hire and legal services provider - Appoints Zeus Capital Ltd as joint broker with immediate effect. Follows completion of acquisition of Arden Partners PLC by Zeus Group Ltd on January 16.

Director dealings: Anexo blames 'oversight' for three-month disclosure delay

(Sharecast News) - Anexo was at the top of the list of director buys on Tuesday, after its chair bought almost £0.1m worth of shares almost three months ago.

IN BRIEF: Anexo Chair Alan Sellers buys GBP99,606 worth of shares

Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Executive Chair Alan Sellers buys 78,000 shares at 127.7 pence each, worth GBP99,606, on July 26. Says the delay in announcing the transaction is due to an administrative oversight.

IN BRIEF: Anexo posts robust growth; eyes investment opportunities

Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - In the first half of 2022, revenue climbs 42% to GBP68.6 million from GBP48.3 million a year before, due to increased vehicles on hire and legal fee earners growth, it says. Pretax profit jumps 53% to GBP13.6 million from GBP8.9 million. Operating profit rose 55% to GBP16.1 million as a result of improved cash collections, overhead leverage, as well as performance within credit hire, and improved vehicle mix. Cites emissions opportunities that warrant "significantly increased investment" rather than interim payout. Will pay annual dividend following release of full-year results.

Anexo Group adds new finance chief to its board

(Sharecast News) - Specialist integrated credit hire and legal services provider Anexo Group updated the market on the appointment of Mark Fryer as chief financial officer on Friday, which it first announced on 26 July.

IN BRIEF: Anexo confirms Mark Fryer as CFO following delays

Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Confirms the appointment of Mark Fryer as chief financial officer effective immediately, as necessary AIM rules have now been completed. In July, Anexo initially said that Fryer will join the company on August 1.

IN BRIEF: Anexo hires former Augean finance director as new CFO

Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Hires Mark Fryer as its new chief financial officer, starting on Monday next week, as current CFO Mark Bringloe steps down to "pursue other opportunities". Anexo says Bringloe has been "instrumental in building the finance function and embedding financial systems within the business." Bringloe joined the company in 2009 and led it through its initial public offering in 2018. Anexo says he will remain with the group on a consultancy basis for an initial three months to ensure a smooth transition.

IN BRIEF: Anexo trades in line with expectations in early 2022

Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Says trading overall continues to be in line with expectations. Average vehicle numbers for the first four months of 2022 stands at 2,079, an increase of 52% from the same period a year before. Says cash collections for the period are in line with its own expectations and 24% ahead year-on-year. Adds the Housing Disrepair unit is also performing in line with own expectations. Remains in negotiations with Volkswagen AG concerning a class action brought against VW and its subsidiaries.

UK shareholder meetings calendar - next 7 days