12 Sep 2018
Cenkos: 1pm Plc - Successful delivery from enhanced scale
Today's results evidence the successful culmination of the buy and build strategy, which has seen a doubling of the business in lending, revenue and profit terms over FY16-18A. Despite material dilution this year, 1pm has also delivered a rise in adj EPS in FY18, highlighting the earnings accretive nature of the acquisitions. We expect this trend to continue and accelerate over the next two years, with earnings increasingly distributed with shareholders under the recently enhanced dividend polic ....
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Cenkos: 1pm Plc - Successful delivery from enhanced scale
Time Finance plc (TIME:LON) | 40.5 0.1 0.6% | Mkt Cap: 37.5m
- Published:
12 Sep 2018 -
Author:
Cavendish Research -
Pages:
8
Today's results evidence the successful culmination of the buy and build strategy, which has seen a doubling of the business in lending, revenue and profit terms over FY16-18A. Despite material dilution this year, 1pm has also delivered a rise in adj EPS in FY18, highlighting the earnings accretive nature of the acquisitions. We expect this trend to continue and accelerate over the next two years, with earnings increasingly distributed with shareholders under the recently enhanced dividend polic ....