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Trading update

20 Jun 2025 07:00

RNS Number : 6573N
Orchard Funding Group PLC
20 June 2025
 

20 June 2025

 

Orchard Funding Group PLC

("Orchard", the "Group" or the "Company")

 

Trading update

 

Orchard Funding Group PLC, the finance group which specialises in insurance premium finance and the professions funding market, provides the following update on trading for the 12 months ending 31 July 2025 ("FY2025").

 

Trading in FY2025 to date has been positive within the insurance premium finance market driving revenue growth through increased margins. The Company has also benefited from the reductions in the base interest rate. As a consequence, management now expect that FY2025 earnings will exceed current market expectations by over 20%.

 

Ravi Takhar, the CEO of the Company stated: "We continue to focus on the controlled and conservative growth of our business and are pleased to be able to notify the market that we reasonably believe, subject to final audit, that we will exceed current market earnings guidance by over 20%.

 

"We continue to strengthen our lending in our core insurance premium finance market as well as our lending in adjacent markets. We are optimistic that our ability to lend, develop and operate our own software and our loyal and experienced staff will continue to deliver positive results to the company and all its stakeholders."

 

For further information, please contact:

 

Orchard Funding Group Plc

Ravi Takhar, Chief Executive Officer

 

Tel: +44 (0)1582 346 248

 

 

 

Allenby Capital Limited (Nominated Adviser and Broker)

Nick Naylor/James Reeve (Corporate Finance)

Amrit Nahal/Jos Pinnington (Sales and Corporate Broking)

 

Tel: +44 (0)20 3328 5656

 

For Investor Relations please go to: www.orchardfundinggroupplc.com 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

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TSTSFDFMUEISEDM
Date   Source Headline
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2nd Dec 20217:00 amRNSAcquisition of Orchard Bond Finance PLC
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16th Nov 20217:00 amRNSHolding(s) in Company
11th Nov 20217:00 amRNSNotice of AGM
26th Oct 20217:00 amRNSAnnual Financial Report
16th Jun 20217:00 amRNSNew Finance Facility
26th Apr 20217:00 amRNSNew Banking Facility
9th Mar 20217:00 amRNSHalf-year Report
22nd Feb 20217:00 amRNSTrading Statement
11th Dec 20201:05 pmRNSHolding(s) in Company
10th Dec 20208:15 amRNSResult of AGM
12th Nov 20207:00 amRNSNotice of AGM
27th Oct 20207:00 amRNSFull Year Results
19th Oct 20207:00 amRNSBank Licence Application Withdrawal
31st Jul 20207:00 amRNSDirectorate Change
8th Jul 20207:00 amRNSDirectorate Change
10th Jun 20207:00 amRNSTrading Update
30th Apr 20207:00 amRNSBank Licence Application
23rd Mar 20207:00 amRNSHalf-year Report
25th Feb 20207:00 amRNSTrading Update
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27th Dec 201911:50 amRNSHolding(s) in Company
12th Dec 20191:28 pmRNSResult of AGM
10th Dec 20191:01 pmRNSHolding(s) in Company
10th Dec 20197:00 amRNSDirector Appointments & Retirement
20th Nov 20197:00 amRNSNotice of AGM
31st Oct 20197:00 amRNSFinal Results
21st Aug 20197:00 amRNSDirectorate Change
21st Aug 20197:00 amRNSTrading Update
19th Aug 20197:00 amRNSHolding(s) in Company
5th Aug 20197:00 amRNSHolding(s) in Company
5th Aug 20197:00 amRNSHolding(s) in Company
30th Apr 20197:00 amRNSBanking Licence Update
8th Apr 20195:45 pmRNSHolding(s) in Company
2nd Apr 20197:00 amRNSHolding(s) in Company
1st Apr 20191:56 pmRNSHolding(s) in Company - Replacement
1st Apr 201910:53 amRNSHolding(s) in Company
28th Mar 201911:07 amRNSHolding(s) in Company
28th Mar 20197:00 amRNSHolding(s) in Company
28th Mar 20197:00 amRNSHolding(s) in Company
11th Mar 20197:00 amRNSHalf Year Results - six months ended 31.1.19
18th Feb 20197:00 amRNSChange of Nominated Adviser and Broker
12th Dec 20185:18 pmRNSResult of AGM
4th Dec 20181:04 pmRNSDirectorate Change
26th Nov 20187:00 amRNSHolding(s) in Company
23rd Nov 20187:00 amRNSNotice of AGM - Correction to Resolution
21st Nov 201811:52 amRNSNotice of AGM and Posting of Accounts

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