Non-Standard Finance PLC Trading update and analyst visit (6259R)
June 18 2018 - 1:00AM
UK Regulatory
TIDMNSF
RNS Number : 6259R
Non-Standard Finance PLC
18 June 2018
Non-Standard Finance plc
('NSF', the 'Company' or the 'Group')
Trading update
Analyst visit to Everyday Loans and George Banco
18 June 2018
NSF is today hosting a visit for analysts and investors to its
Everyday Loans and Guarantor Loans divisions. In the context of the
visit, the Company provides the following update on trading, which
is consistent with previous guidance. The Company confirms that no
new material information will be provided during the visit.
The Group's overall performance during the second quarter has
been in line with management's expectations. Strong year-on-year
loan book growth has continued in all three businesses while
impairment remains in-line with previous guidance.
Each of the 11 new Everyday Loans branches opened so far this
year is performing well and on-plan while our Guarantor Loans
Division has continued to deliver impressive month-on-month growth
in loan volumes and customer numbers. In home credit, our
year-on-year performance continues to be driven by the addition of
over 460 agents and 100 staff added in 2017.
The Group's half-year results will be announced on Thursday 2
August 2018.
For more information:
Non-Standard Finance plc +44 (0) 20 3869
Peter Reynolds, Director, IR and Communications 9026
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END
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