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MFX

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VERY GOOD

Manx Financial Group PLC Anticipates 41% Increase in 2024 Profit

Why we think this is very good

The trading update from Manx Financial Group PLC indicates a 41% increase in consolidated Profit Before Taxation for the year ended 31 December 2024, which is a significant positive development. This strong financial performance suggests the company's operations are performing well and exceeding market expectations.

Key Points

  • 41% increase in consolidated Profit Before Taxation for 2024 expected
  • Full audited financial statements to be released by 25 June 2025

Summary

The financial services provider anticipates a 41% rise in 2024 profit, signaling strong operational performance.

Manx Financial Group PLC (AIM:MFX) has announced that it is anticipating a 41% increase in its consolidated Profit Before Taxation for the year ended 31 December 2024 to around £9.9 million (2023: £7.0 million). This positive trading update suggests the company's operations are performing well and exceeding market expectations.

Key Dates

25 June 2025
Release of full, audited financial statements
GENERAL UPDATE