PCFG has announced that it expects to report results for the 18 months to September slightly ahead of expectations. Contributory factors to this was the growing portfolio of receivables and a further reduction in the loan loss provisioning charge, while KPIs such as Return on Average Assets continued to outperform. We expect our adj. PBT forecast of £3.6m for the pro forma 12 months to September 2016 to be marginally beaten and with the banking licence likely to prove transformational w
20 Oct 2016
Positive trading update
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Positive trading update
PCF Group plc (RLW:FRA) | 0 0 0.0% | Mkt Cap: 55.1m
- Published:
20 Oct 2016 -
Author:
Robert Sanders -
Pages:
2
PCFG has announced that it expects to report results for the 18 months to September slightly ahead of expectations. Contributory factors to this was the growing portfolio of receivables and a further reduction in the loan loss provisioning charge, while KPIs such as Return on Average Assets continued to outperform. We expect our adj. PBT forecast of £3.6m for the pro forma 12 months to September 2016 to be marginally beaten and with the banking licence likely to prove transformational w