Orchard Funding Group PLC Trading Update (4750N)
June 01 2022 - 2:00AM
UK Regulatory
TIDMORCH
RNS Number : 4750N
Orchard Funding Group PLC
01 June 2022
1(st) June 2022
Orchard Funding Group PLC
("Orchard Funding Group" or the "Company" or the "Group")
Trading Update
Orchard Funding Group, the finance company which specialises in
insurance premium finance and the professions funding market,
provides the following trading update for the nine months ended
30(th) April 2022 (the "Period").
As a result of our strong performance in the Period, driven by
higher than anticipated income and careful management of costs, the
Board now expects profit after tax for the year to 31 July 2022 to
exceed prior expectations by over 25 per cent.
For further information, please contact:
Orchard Funding Group PLC +44 (0)1582 346 248
Ravi Takhar, Chief Executive Officer
Liberum (Nomad and Broker) +44 (0)20 3100 3222
Neil Patel
Lauren Kettle
For Investor Relations please go to:
www.orchardfundinggroupplc.com
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