2018 performance expected to be ahead of consensus

RNS Number : 5210U

International Personal Finance Plc

13 July 2018

 

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 [phone] / [phone]
	Gergely Mikola - Media [phone]
FTI Consulting	Neil Doyle [phone] / [phone] Laura Ewart [phone] / [phone]

Legal Entity Identifier: 213800II1O44IRKUZB59

 

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