We are encouraged by PCFG’s AGM statement this morning. Importantly, PCFG has continued to see its portfolio of receivables grow in the first five months of FY2017. With PCFG continuing to meet its key target metrics of return on average assets (2.5%) and return on equity (12.5%) trading has been in line with expectations. As we argued in our report last month the key development for FY2017 is its mobilisation of the bank and again we are encouraged by the progress that is being made th
10 Mar 2017
AGM confirms trading in line
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AGM confirms trading in line
PCF Group plc (RLW:FRA) | 0 0 0.0% | Mkt Cap: 55.1m
- Published:
10 Mar 2017 -
Author:
Robert Sanders -
Pages:
2
We are encouraged by PCFG’s AGM statement this morning. Importantly, PCFG has continued to see its portfolio of receivables grow in the first five months of FY2017. With PCFG continuing to meet its key target metrics of return on average assets (2.5%) and return on equity (12.5%) trading has been in line with expectations. As we argued in our report last month the key development for FY2017 is its mobilisation of the bank and again we are encouraged by the progress that is being made th