Time Finance has released a trading update for the half-year ending 30 November 2022, showing another robust set of results. Following the restructuring during FY22A, FY23E is shaping up to be a strong year for the business. The strategy of focusing on its core book, and in particular the secured lending divisions, is reaping dividends in terms of both book size and quality of the book. Time remains on track to hit our full-year estimates and we leave forecasts unchanged. Time's valuation looks ....
16 Dec 2022
Cenkos: Time Finance plc -- Core Book Strategy Building Well
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Cenkos: Time Finance plc -- Core Book Strategy Building Well
Time Finance plc (TIME:LON) | 41.2 0.2 1.2% | Mkt Cap: 38.2m
- Published:
16 Dec 2022 -
Author:
Andrew Renton -
Pages:
6
Time Finance has released a trading update for the half-year ending 30 November 2022, showing another robust set of results. Following the restructuring during FY22A, FY23E is shaping up to be a strong year for the business. The strategy of focusing on its core book, and in particular the secured lending divisions, is reaping dividends in terms of both book size and quality of the book. Time remains on track to hit our full-year estimates and we leave forecasts unchanged. Time's valuation looks ....