By Sabela Ojea
International Personal Finance PLC said Wednesday that performance in the third quarter of 2021 has been strong, and that it is well positioned for further growth.
The London-listed subprime lender said it is returning to growth mode, noting that it has delivered an 8% increase in closing receivables since the end of 2020.
“We expect this growth trend to continue for both credit issued and receivables in the final quarter of the year which will, in turn, drive further revenue growth,” it said.
Shares at 0715 GMT were up 2.60 pence, or 1.9%, at 137.60 pence.
Write to Sabela Ojea at [email protected]; @sabelaojeaguix