MCL’s recent results (see our 21 October note, Interim FY’20 results: steady core, deal upside) highlighted the strength of Home Collect (HCC). The division showed operational efficiency improvements, the appropriate use of technology and improving credit. It also generated double-digit underlying profit growth, despite a stable market and without compromising the agent-driven model. In this note, we explore MCL’s strategy to expand from this strong core business. The strate
15 Jan 2020
Value-added, customer-driven expansion from core
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Value-added, customer-driven expansion from core
- Published:
15 Jan 2020 -
Author:
Mark Thomas -
Pages:
8
MCL’s recent results (see our 21 October note, Interim FY’20 results: steady core, deal upside) highlighted the strength of Home Collect (HCC). The division showed operational efficiency improvements, the appropriate use of technology and improving credit. It also generated double-digit underlying profit growth, despite a stable market and without compromising the agent-driven model. In this note, we explore MCL’s strategy to expand from this strong core business. The strate