International Personal Finance plc - annual results announcement and statement of dividends year ended 31 December 2008
4.03.2009Company: Amcham
International Personal Finance plc, mother company of Provident Financial s.r.o. in Czech Republic and Slovakia, has announced its financial results for the year ended 31 December 2008.
In order to present the underlying performance variance, prior year figures are quoted at constant exchange rates (CER).
Operating and financial highlights:
- Profit before tax up by 40.3%* (4.3%* at CER) to £70.3 million (2007: £50.1 million∗)
- Earnings per share up by 44.5%* (7.5%* at CER) to 19.73 pence
- Central Europe profit before tax up 31.5%* (7.4%* at CER) to £106.0 million
- Mexico on track for 2009 profit
- Strong balance sheet with equity at 45.1% of receivables
- Core funding in place to October 2011
- Proposed final dividend increased by 19.3% to 3.40 pence per share (full year dividend: 5.70 pence)