The Orchard Funding Group board has decided to make an interim dividend payment of 2p per share. This dividend is to be paid on 12 November 2026 to shareholders on the register at 23 October 2026 with an ex-dividend date of 22 October 2026.
Other financial highlights include:
- The company has delivered a strong increase in profitability in the first half of the year. Profit before tax rose by 32% to £2.52m, even though lending volumes and revenues were a little lower than in the same period last year.
- Lending is down by 9.08% for non-Toyota GAP products from £54.64m to £49.68m and up 30.44% for Toyota GAP products from £6.05m to £7.89m.
- PBT has increased by 31.71% from £1.91m to £2.52m.
- Operating costs excluding impairment losses are 2.05% lower from £2.096m to £2.053m.
- Net financial assets (all financial assets less all financial liabilities) are up by 20.21% to £28.31m from £23.55m.
- Unused unrestricted borrowing availability was up 51.32% from £14.46m to £21.87m.
- Liquidity (net current assets) was up by 4.39% from £21.656m to £22.61m.
