(Alliance News) - Orchard Funding Group PLC on Tuesday confirmed it would not be paying a dividend, although the firm remained optimistic about its future prospects. Read More
(Alliance News) - Orchard Funding Group PLC shares fell on Tuesday, as its largest customer went into administration. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, as markets recovered slightly from Monday's global sell-off. Read More
Orchard Funding Group PLC - Luton, England-based supplier of funding support to insurance brokers and professional firms - Celebrates "revenue growth through increased lending" as trading so far this year "has been positive within the insurance premium finance market". Adds that it now expects earnings to "exceed current market guidance by over 20%" thanks to "a disciplined approach to its growth enabling the group to maintain income against a backdrop of higher interest rates". Read More
(Alliance News) - Orchard Funding Group PLC on Friday said it believes continuing its admission on AIM is outweighed by various factors. Read More
(Alliance News) - Shares in Orchard Funding Group PLC jumped on Tuesday, after the company reported its interim results and said it was mulling over the benefits of its continued admission on AIM. Read More
Orchard Funding Group PLC - Luton-based finance group specialising in insurance premium finance - Says it has suffered an instance of fraud arising from dealings with a "fraudulent introducer". Orchard says that fraudulent credit agreements were funded by the company as a result, and has made a provision of around GBP500,000 in respect of these agreements. The company warns that its year-end financials will be hit by the provision, which Orchard says represents its total exposure to the fraudulent credit agreements. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Orchard Funding Group PLC on Friday said it expected a material adverse impact from insurers withdrawing products from the guaranteed asset protection market. Read More
(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions. Read More
(Alliance News) - Orchard Funding Group PLC on Wednesday reported growth in its full-year profit and revenue and left its dividend unchanged. Read More
Orchard Funding Group PLC - Luton, England-based professional fee funding provider - Posts revenue of GBP3.8 million for the six months ended on January 31, up 30% from GBP2.9 million the year before. Pretax profit rises by 25% to GBP1.3 million from GBP1.0 million, as operating profit increases to GBP1.2 million from GBP998,000 the year before. Net total income increases to GBP2.9 million from GBP2.3 million. Declares an interim dividend of 1.0p per share, unchanged from a year prior. Looking ahead, it remains cautiously optimistic as the economic outlook shows "signs of improvement". Read More
Orchard Funding Group PLC - Luton, England-based professional fee funding provider - Pretax profit in the year that ended July 31 rises 79% to GBP1.9 million from GBP1.1 million a year prior. Net interest income grows 37% to GBP4.4 million from GBP3.2 million. Orchard declares a final unchanged dividend of 2 pence per share and proposes unchanged full year dividend of 3.0p per share. Looking ahead, the firm is cautiously optimistic despite new headwinds from a hampered economic outlook. Notes diversified balance sheet. Read More
(Alliance News) - Shares rose in Orchard Funding Group PLC rose on Wednesday, as it now expects profit after tax in its current financial year to exceed prior expectations by at least 25%. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Orchard Funding Group PLC said Friday that it traded ahead of management expectations in the first half of its financial year, due to higher demand for funding. Read More
IN BRIEF: Orchard Funding launches 6.25% bond due in 2027 Read More
UK shareholder meetings calendar - next 7 days Read More