Tue, 28th Jul 2015 17:00
(ShareCast News) - Finance firm 1pm announced a maiden dividend as it reported a 20% hike in pre-tax profits for the year. The AIM listed company, which lends money to SMEs, posted pre-tax up a fifth to £1.62m, from £1.35m the year before. Revenues were up 31% to £5.5m from £4.2m, off a record 49%
Read moreShares in the asset finance company 1pm jumped nearly 18% on Wednesday after the company said its full-year results will be ahead of market expectations. The group expects revenues and profits to be ahead of forecasts thanks to strong demand for finance from SMEs, and lower costs. It said its asset
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