Time has released its FY24E trading update which shows revenue and PBT coming in ahead of expectations at £33m (Cavendish forecast: £31.5m) and £5.8m (Cavendish forecast: £5.7m), respectively. The trading update gives us confidence to upgrade our forecasts for FY25E, resulting in a 10% increase in basic EPS. The Group’s gross book has hit the record milestone of £200m and is on track to hit its 4-year target of doubling the book to over £230m by the end of FY25E. It continues to grow EPS at over ....
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27 Jun 2024
Time Finance - Perennial Performer
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Time Finance - Perennial Performer
Time Finance plc (TIME:LON) | 48.5 1.5 6.6% | Mkt Cap: 44.9m
- Published:
27 Jun 2024 -
Author:
Andrew Renton -
Pages:
6 -
Time has released its FY24E trading update which shows revenue and PBT coming in ahead of expectations at £33m (Cavendish forecast: £31.5m) and £5.8m (Cavendish forecast: £5.7m), respectively. The trading update gives us confidence to upgrade our forecasts for FY25E, resulting in a 10% increase in basic EPS. The Group’s gross book has hit the record milestone of £200m and is on track to hit its 4-year target of doubling the book to over £230m by the end of FY25E. It continues to grow EPS at over ....