International Personal Finance Plc announce Interim dividend of 3.8p (H1-24: 3.4p) per share, an increase of 11.8%, in line with their policy of paying 33% of their prior year full dividend per share at the half year.
Other financial highlights include:
Profit before tax of £49.9m (H1-24: £47.3m1) ahead of internal plan, driven by excellent credit quality and good growth momentum across all their divisions.
Continued strong demand for their credit offering supported customer lending growth of 11%, reflecting the strength and relevance of their brands and products.
Closing net receivables increased by 12%, with good growth being delivered by all three divisions.
Customer repayment performance remained excellent, driving further improvement in credit quality and an impairment rate of 8.3% (H1-24: 10.5%), well ahead of target.
