Last checked at 13 Jul 2018 07:00
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 £99.4m 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 plc | Rachel Moran - Investor Relations +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
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