7th Jan 2009 07:56
RNS Number : 2401L
International Personal Finance Plc
07 January 2009
On 17 December 2008, the board of International Personal Finance plc issued a trading update and, within that, noted that hedging of the exchange rates used for the translation of reported profits for 2009 would be reviewed in January 2009.
The purpose of this announcement is to confirm that we have now put in place foreign currency contracts to hedge the majority of our forecast Central European profits for the 2009 financial year, at rates which are approximately 4% more favourable than those used to translate the results for the 2008 financial year.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
Inter. Pers.