CEO Thomas Beregi comments on FY17 results & US business outlook
Thursday, 10 Aug 2017
CEO Thomas Beregi talks with CommSec's Tom Piotrowski about the company’s full year results, its guidance of earnings growth of between 9-14% for FY18 and the outlook for its US business.
Credit Corp produces 20% earnings growth and a strong outlook
Tuesday, 01 Aug 2017
Credit Corp Group Limited (Credit Corp) reports the following highlights for the 2017 financial year:
20% growth in Net Profit After Tax (NPAT) to $55.2 million
Record 9 year compound annual earnings growth of 28%
Doubling of NPAT from the fast-growing lending division to $12.3 million
US division turnaround into a profitable driver of earnings growth
These results are a function of strong core debt purchasing business operations and impressive contributions from the company’s organic expansion into consumer lending and US debt purchasing.