20 Sep 2022
PROGRESSIVE: Anexo: A changing business model
Anexo has announced impressive H1 22 results, with 42% revenue growth and 53% PBT growth underpinned by strong demand in the Credit Hire business and a doubling of revenue and profit in the Housing Disrepair division. Continued investment in the Legal Services division resulted in 20% growth in cash collections. The Board has highlighted that the emissions opportunity warrants significantly increased investment and that shareholders’ interests would be better served by Anexo paying an annual div ....
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PROGRESSIVE: Anexo: A changing business model
Anexo Group Plc (ANX:LON) | 65.5 -0.7 (-1.5%) | Mkt Cap: 77.3m
- Published:
20 Sep 2022 -
Author:
Mike Trippitt -
Pages:
10
Anexo has announced impressive H1 22 results, with 42% revenue growth and 53% PBT growth underpinned by strong demand in the Credit Hire business and a doubling of revenue and profit in the Housing Disrepair division. Continued investment in the Legal Services division resulted in 20% growth in cash collections. The Board has highlighted that the emissions opportunity warrants significantly increased investment and that shareholders’ interests would be better served by Anexo paying an annual div ....