Anexo "excited" for future after increased annual profit and revenue
10th May 2023 10:46
(Alliance News) - Anexo Group PLC on Wednesday hailed a "solid performance" throughout last year and declared a stable dividend in response. Read More
(Alliance News) - Anexo Group PLC on Wednesday hailed a "solid performance" throughout last year and declared a stable dividend in response. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Expects revenue to be between GBP135.0 million and GBP137.0 million for 2022, and pretax profit to be between GBP24.0 million and GBP26.0 million, at the upper end of this range broadly in line with market expectations. In 2021, revenue was GBP118.2 million, and pretax profit was GBP23.7 million. Looking ahead, says it remains focused on quality claims, high service standards and high success rates. Read More
Anexo Group PLC - Merseyside, England-based integrated credit hire and legal services provider - Appoints Zeus Capital Ltd as joint broker with immediate effect. Follows completion of acquisition of Arden Partners PLC by Zeus Group Ltd on January 16. Read More
Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Executive Chair Alan Sellers buys 78,000 shares at 127.7 pence each, worth GBP99,606, on July 26. Says the delay in announcing the transaction is due to an administrative oversight. Read More
Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - In the first half of 2022, revenue climbs 42% to GBP68.6 million from GBP48.3 million a year before, due to increased vehicles on hire and legal fee earners growth, it says. Pretax profit jumps 53% to GBP13.6 million from GBP8.9 million. Operating profit rose 55% to GBP16.1 million as a result of improved cash collections, overhead leverage, as well as performance within credit hire, and improved vehicle mix. Cites emissions opportunities that warrant "significantly increased investment" rather than interim payout. Will pay annual dividend following release of full-year results. Read More
Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Confirms the appointment of Mark Fryer as chief financial officer effective immediately, as necessary AIM rules have now been completed. In July, Anexo initially said that Fryer will join the company on August 1. Read More
Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Hires Mark Fryer as its new chief financial officer, starting on Monday next week, as current CFO Mark Bringloe steps down to "pursue other opportunities". Anexo says Bringloe has been "instrumental in building the finance function and embedding financial systems within the business." Bringloe joined the company in 2009 and led it through its initial public offering in 2018. Anexo says he will remain with the group on a consultancy basis for an initial three months to ensure a smooth transition. Read More
Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Says trading overall continues to be in line with expectations. Average vehicle numbers for the first four months of 2022 stands at 2,079, an increase of 52% from the same period a year before. Says cash collections for the period are in line with its own expectations and 24% ahead year-on-year. Adds the Housing Disrepair unit is also performing in line with own expectations. Remains in negotiations with Volkswagen AG concerning a class action brought against VW and its subsidiaries. Read More
(Alliance News) - Anexo Group PLC on Wednesday said its profit grew by more than 50% in 2021, a "successful" showing despite facing Covid-19 uncertainty. Read More
TRADING UPDATES: Hotel Chocolat and Henry Boot beat expectations Read More
TRADING UPDATES: Mercia buys more Intechnica; Anexo scores VW win Read More
TRADING UPDATES: Somero ups guidance; Dev Clever wins China contract Read More
EXECUTIVE CHANGES: Motorpoint hires former Argos boss Walden as chair Read More
IN BRIEF: Anexo ups debt facilities by GBP16.0 million to fund growth Read More
IN BRIEF: DBay Advisors confirms it will terminate offer for Anexo Read More