The financial services provider reported a significant decline in profits and earnings per share, facing regulatory challenges in its motor finance division while its property bridging finance business showed strong performance.
The specialist motor and property financier will release its annual results on 15 April 2025, with an analyst presentation and investor webinar scheduled.
The specialist finance provider navigates regulatory headwinds, with Advantage division facing challenges but Aspen seeing strong growth. Outlook remains positive, though current period performance mixed.
The specialist finance provider reports mixed trading, with challenges at its Advantage business offset by strong performance in other areas. The company anticipates a recovery in profitability next year.
The specialist finance provider reports that its Advantage Motor Finance division is struggling, with profits halving compared to the previous year due to challenging market conditions.
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The financial services provider reported a 40% drop in half-year profit before tax to £12.8m, despite a 9% revenue increase. Its motor finance arm struggled with regulatory challenges, while the property bridging division showed strong growth.