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18 Jun 2018 07:00
Non-Standard Finance plc
('NSF', the 'Company' or the 'Group')
Trading update
Analyst visit to Everyday Loans and George Banco
18 June 2018
NSF is today hosting a visit for analysts and investors to its Everyday Loans and Guarantor Loans divisions. In the context of the visit, the Company provides the following update on trading, which is consistent with previous guidance. The Company confirms that no new material information will be provided during the visit.
The Group's overall performance during the second quarter has been in line with management's expectations. Strong year-on-year loan book growth has continued in all three businesses while impairment remains in-line with previous guidance.
Each of the 11 new Everyday Loans branches opened so far this year is performing well and on-plan while our Guarantor Loans Division has continued to deliver impressive month-on-month growth in loan volumes and customer numbers. In home credit, our year-on-year performance continues to be driven by the addition of over 460 agents and 100 staff added in 2017.
The Group's half-year results will be announced on Thursday 2 August 2018.
For more information:
Non-Standard Finance plc Peter Reynolds, Director, IR and Communications | +44 (0) 20 3869 9026 |
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