BRIEF-International Personal Finance FY pretax profit rises 4.6 pct
1. BRIEF-International Personal Finance FY pretax profit rises
4.6 pct
Feb 25 (Reuters) - International Personal Finance Plc
* Total dividend up 29 percent to 12 pence per share
* Final dividend 7.8 pence per share
* Profit before tax and exceptional items increased 5 pct to 123.5 million pounds
* Strong underlying growth of 25.4 million pounds (21.5 pct) in profit before tax and exceptional
items offset by additional new business investment of 9 million pounds
* Impairment as a percentage of revenue in target range at 28.1 pct
* Year-On-Year customer numbers and credit issued grew 2 pct and 5 pct respectively
* Revenue for year increased by 13 pct
* Growth in last weeks of year below expectations
* Proposed full year dividend increase of 29 pct to 12.0 pence per share
* Customers (000s) 2,640 versus 2,578 2.4 pct
* Believe that business is well placed to make good progress in 2015- CEO
* On track to deliver our first loans to customers in Q2 once we have received authorisation from
bank of spain to trade as a financial credit entity
* We expect spain to support a customer base of more than 400,000 at maturity
* In Poland, there has been no update on outstanding regulatory issues since we reported our q3
interim management statement
* Continue to monitor developments in the eurozone and events in the Ukraine to assess the
potential impact that they may have on the macroeconomic environment in our Source text for
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