Intl. Personal Finance on track for full-year results

International Personal Finance delivered a satisfactory trading performance, the company said, and was on track to deliver a result for the full-year which would be broadly in line with consensus.

Financial Services

16,492.39

15:44 15/11/24

-0.24%

-40.16

FTSE 250

20,508.75

15:45 15/11/24

n/a

FTSE 350

4,453.56

15:45 15/11/24

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FTSE All-Share

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15:45 15/11/24

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International Personal Finance

131.00p

15:44 15/11/24

-2.96%

-4.00p

Credit issued jumped 8% year-on-year, with customer numbers up by 2%.

Credit quality remained "good", management added, with annualised impairments as a proportion of revenues at 26.5%, within its target range.

The company said the Mexican market continued to deliver strong sustained growth. Customer numbers grew 8% and credit issued by another 24%.

Europe witnessed another quarter of improvement in credit issued, which increased 2% after falls of 4% and 2%, each, in quarters one and two respectively.

-- More to follow --