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IN BRIEF: Time Finance expects results ahead of market consensus

3rd May 2023 12:38

Time Finance PLC - Bath, England-based finance provider to small & medium businesses - Expects trading for the financial year ending May 31 to be ahead of the latest market expectations. Market currently expect Time Finance to report revenue of GBP26.0 million and pretax profit of GBP3.6 million. Says it is now confident that revenue and pretax profit will be at least GBP26.7 million and GBP4.0 million, respectively. In financial 2022, Time Finance reported revenue of GBP23.6 million and pretax profit of GBP1.1 million.

Current stock price: 25.75 pence, up 1.0% in London on Wednesday

12-month change: up 12%

By Sophie Rose, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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