Time Finance buoyed by robust performance
Time Finance said it expects its full-year trading performance to be further ahead of expectations than previously anticipated.
Earlier this year, the Bath-based company attributed a robust performance to the continued success of streamlining the group to focus on core, own-book lending to UK businesses.
Time Finance said that after 11 months of continued positive trading momentum, the board is confident that revenue and profit before tax for 2023 will now be not less than £26.7m and £4.0m respectively.
The group will provide a full trading update on Thursday 29 June, prior to publication of the full, audited FY23 financial statements on Tuesday 26 September.
