Trading Update

RNS Number : 4750N
Orchard Funding Group PLC
01 June 2022
 

1st June 2022

 

Orchard Funding Group PLC

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

 

Trading Update

 

Orchard Funding Group, the finance company which specialises in insurance premium finance and the professions funding market, provides the following trading update for the nine months ended 30th April 2022 (the "Period").

As a result of our strong performance in the Period, driven by higher than anticipated income and careful management of costs, the Board now expects profit after tax for the year to 31 July 2022 to exceed prior expectations by over 25 per cent.

For further information, please contact:

Orchard Funding Group PLC                                                       +44 (0)1582 346 248

Ravi Takhar, Chief Executive Officer

Liberum (Nomad and Broker)                                    +44 (0)20 3100 3222

Neil Patel

Lauren Kettle

 

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

 

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