Thu, 12th Jun 2014 12:59
(ShareCast News) - Finance firm 1pm has acquired MH Holdings for £12m and plans to raise £7.3m in a placing of shares to fund the deal. MH Holdings is a provider of equipment finance and an equipment and vehicles broker with an annualised turnover of £5.1m. It is the only trading company of which is
Read more(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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