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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
13th Nov 20187:00 amRNSFinal Results
11th Oct 201811:40 amRNSHolding(s) in Company
29th Aug 20187:00 amRNSTrading Statement
11th Jul 20187:00 amRNSApplication for Bank Licence & New Appointments
27th Mar 20187:00 amRNSHalf-year Report
5th Mar 20187:00 amRNSTrading Statement
6th Dec 20175:19 pmRNSResult of AGM
30th Nov 20177:00 amRNSStatement Regarding Annual General Meeting
1st Nov 20177:00 amRNSDirectorate Change
26th Oct 20177:00 amRNSHolding(s) in Company
17th Oct 20177:00 amRNSFinal Results
6th Sep 20177:00 amRNSTrading Update and Notice of Results
30th Mar 20177:00 amRNSHalf-year Report
28th Mar 20177:00 amRNSNotice of Results
15th Mar 20177:00 amRNSTrading Statement
6th Feb 20177:00 amRNSDirector Appointment
14th Dec 20165:58 pmRNSResult of AGM
18th Nov 20163:38 pmRNSNotice of AGM and Posting of Annual Report
14th Nov 20167:00 amRNSFinal Results
1st Nov 20167:00 amRNSChange of Adviser and Notice of Results
12th Jul 20167:00 amRNSTrading Statement
14th Apr 20167:00 amRNSHalf-year Report
17th Dec 20152:21 pmRNSResult of AGM
10th Dec 201511:50 amRNSPosting of Annual Report and Notice of AGM
3rd Nov 20157:00 amRNSFinal Results
23rd Jul 20159:33 amRNSHolding(s) in Company
15th Jul 20157:00 amRNSObtained Full FCA Permission
6th Jul 201510:36 amRNSHolding(s) in Company
3rd Jul 20159:59 amRNSHolding(s) in Company
3rd Jul 20159:53 amRNSHolding(s) in Company
1st Jul 20158:10 amRNSFirst Day of Dealings

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