Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
MCL.L Share News (MCL)
MCL Share
Price
MCL Share
News
MCL Share
Chat
MCL Share
Trades
MCL
Live RNS
MCL Share
Charts
MCL Broker
Ratings
MCL Directors
Deals
MCL Financial
Diary
MCL
Fundamentals
MCL Short
Positions
MCL
Media
MCL Company
Research
MCL Company
Timeline
- There is currently no data for MCL
IN BRIEF: Morses Club Sees Revenue Decrease Amid Lending Restrictions
Morses Club PLC - Batley, West Yorkshire-based doorstep lender - Reports pretax profit of GBP758,000 in the six months ended August 29, down from GBP6.7 million the year before, amid a 24% decrease in revenue to GBP50.2 million from GBP66.3 million. Says this is due to the challenges of lending to new and existing home-collected credit customers and lower customer demand during the national lockdown in the UK. Plans to pay a 1.0p per share interim dividend, down from 2.6p the year prior.
Says rate of decline in HCC customers more than halved in August, following the lifting of lending restrictions in place for new customers between March and mid-July, but expects its customer base to stabilise in the second half of its 2021 financial year.
Current stock price: 46.50 pence
Year-to-date change: down 66%
By Zoe Wickens; zoewickens@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Latest MCL News
- Morses Club trading in line, credit issued down slightly
25 Jun 2019 - Morses Club Buys U Account To Expand Into Online Banking Market
24 Jun 2019 - Morses Club acquires current account provider U Holdings
24 Jun 2019 - UK Shareholder Meetings Calendar - Next 7 Days
18 Jun 2019 - Thursday broker round-up
13 Jun 2019 - Morses Club Hires Andy Hayward As Finance Head From eServGlobal
12 Jun 2019 - Morses Club names Andrew Hayward as CFO designate
12 Jun 2019 - Morses Club Confident After Strong Performance, Finance Boss To Leave
2 May 2019
Related News
IN BRIEF: Morses Club shares cancelled from trading on AIM in London
Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - AIM notifies Morses Club it has cancelled ordinary shar...
IN BRIEF: Morses Club CEO wants "explanation" as custodian sells stock
Morses Club PLC - Nottingham, England-based home collected credit provider & online lender - Chief Executive Gary Marshall was informed that a custodi...
Morses Club receives extension for facility until end of March
(Alliance News) - Morses Club PLC on Tuesday said it received an extension of its facility.
MCL.L News
Morses Club trading in line, credit issued down slightly
(Sharecast News) - Doorstep lender Morses Club said on Tuesday that current trading remains in line with expectations, with customer numbers stable bu...
Morses Club Buys U Account To Expand Into Online Banking Market
(Alliance News) - Morses Club PLC on Monday said it has acquired U Holdings Ltd, trading as U Account, through its subsidiary Shelby Finance Ltd.U Acc...
Morses Club acquires current account provider U Holdings
(Sharecast News) - Doorstep lender Morses Club acquired digital current account provider U Holdings on Monday for up to £10.8m.
UK Shareholder Meetings Calendar - Next 7 Days
Wednesday 19 JuneTarsus GroupCadongan PetroleumWhitbreadSagaN4 20
Thursday broker round-up
(Sharecast News) - Domino's Pizza Group: Peel Hunt upgrades to buy with a target price of 300p.
Morses Club Hires Andy Hayward As Finance Head From eServGlobal
(Alliance News) - Doorstep lender Morses Club PLC on Wednesday announced the appointment of eServGlobal Ltd's Andrew Hayward as chief financial office...
Morses Club names Andrew Hayward as CFO designate
(Sharecast News) - Doorstep lender Morses Club has named Andrew Hayward is its next chief financial officer, subject to regulatory approval.
Morses Club Confident After Strong Performance, Finance Boss To Leave
LONDON (Alliance News) - Doorstep lender Morses Club PLC on Thursday reported strong annual profit growth as both credit issued and customer numbers r...
Follow the stocks
