Non-Standard Finance PLC Hardman Research: H117 Delivering growth options
August 11 2017 - 7:13AM
RNS Non-Regulatory
TIDMNSF
Non-Standard Finance PLC
11 August 2017
Hardman Research: H117 Delivering growth options
H117 Delivering multiple growth options - NSF's H117 results
give greater visibility on further franchise and profit growth. The
branch network has opened 8 branches already this year (now 49).
The home collect business recruited 229 experienced agents in H117
(and a further 124 in July, up 25% on end 2016). The guarantor
business has been quadrupled by acquisition, offering broader
products and distribution. The group has also locked in funding for
six years thus reducing financing risk in uncertain times. We
expect profits from the franchise growth to more than offset
further investment and higher funding costs. Our 2018e earnings
estimates have been increased by 3%.
Please click here for the full report:
http://hardmanandco.com/docs/default-source/company-docs/non-standard-finance/11.08.17-h117-delivering-multiple-growth-options.pdf
To contact us: Contacts:
Hardman & Co Mark Thomas
35 New Broad Street mt@hardmanandco.com
London
EC2M 1NH
www.hardmanandco.com
Follow us on Twitter
@HardmanandCo +44 20 7194
7622
About Hardman & Co: For the past 20 years Hardman has been
producing specialist research designed to improve investors'
understanding of companies, sectors, industries and investment
securities. Our analysts are highly experienced in their sectors,
and have often been highly rated by professional investors for
their knowledge. Our focus is to raise companies' profiles across
the UK and abroad with outstanding research, investor engagement
programmes and advisory services. Some of our notes have been
commissioned by the company which is the subject of the note; this
is clearly stated in the disclaimer where this is the case.
Hardman Research Ltd, trading as Hardman & Co, is an
appointed representative of Capital Markets Strategy Ltd and is
authorised and regulated by the Financial Conduct Authority; our
FCA registration number is 600843. Hardman Research Ltd is
registered at Companies House with number 8256259.
Our research is provided for the use of the professional
investment community, market counterparties and sophisticated and
high net worth investors as defined in the rules of the regulatory
bodies. It is not intended to be made available to unsophisticated
retail investors. Anyone who is unsure of their categorisation
should consult their professional advisors. This research is
neither an offer, nor a solicitation, to buy or sell any security.
Please read the note for the full disclaimer.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALLFLFTIILLID
(END) Dow Jones Newswires
August 11, 2017 08:13 ET (12:13 GMT)
Non-standard Finance (LSE:NSF)
Historical Stock Chart
From Apr 2024 to May 2024
Non-standard Finance (LSE:NSF)
Historical Stock Chart
From May 2023 to May 2024