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PCF Group Results Ahead of Expectations

PCF (LON:PCF) Group's Scott Maybury tells Proactive why the group's latest results are particularly impressive against a background of strong retail deposit numbers.He says solid business growth and increased profitability are just two reasons why PCF is doing so well. The full-year results were well ahead of expectations and the launch of it's deposit-taking banking operations arm which was expected to give a shot in the arm to the group seems to have done just that. Underlying profit before tax in the year the end of September up 25% on a pro forma basis from £4.0mln the year before.

Quick facts: PCF Group Plc

Price: 34.875 GBX

AIM:PCF
Market: AIM
Market Cap: £87.26 m
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PCF Bank's Scott Maybury reports on strong lending growth and increased...

PCF Group Plc's (LON:PCF) Scott Maybury speaks to Proactive London's Andrew Scott after the specialist lender posted record numbers in its latest year. Loans outstanding rose 55% to £339mln with profits for the twelve months to September climbing by 54% to £8mln. Maybury says targets for a...

on 5/12/19

2 min read