Cattles plc
Cattles: 2005 results
Cattles, a provider of finance to the sub-prime market reported a 12.6% growth in pre-tax profits (to £115.1m) for the year to December 2005. The company reported pre-tax profits of £102.3m. Revenue growth of 4.5% and a reduction in the cost:income ratio to 30.1% (2004: 32.5%) was responsible for the improvement in earnings.
The company […]
Cattles: trading statement
Cattles, a provider of financial services products to the non-standard consumer credit market (ie sub prime lending) in the UK, said earnings for the full year would be in line with market expectations.
The company said it faced difficult trading conditions in the retail, housing and consumer lending markets. Despite the more difficult trading conditions, […]
Cattles: H1 results
Cattles, a specialist in high risk consumer lending reported an 11.9% increase in pre-tax profits (to £41.4m) for the half year to June 2005. Growth was driven by a good performance in consumer lending (which contributes a little over 85% of profits.) Profits in the debt collecting business slid by 15% and those […]
Cattles: Trading statement
Cattles, a high risk consumer lender, reported that demand for the company’s direct repayment products is ahead of last year but warned that trading conditions have become more challenging during the second quarter. The company says the poorer trading conditions are expected to continue for the rest of the year.
The company is reacting to poorer […]
Cattles: Full year results
Cattles, a high risk consumer lender, announced a 15% increase in pretax profits the year to December 2004 but concern that new accounting rules (International Financial Reporting Standards, which came into effect in 2005), would have cut 2004 profits by 29% caused the share price to tumble.
Cattles
Cattles, a high risk consumer lender, announced that trading for the year to December 2004 was in line with expectations and the consumer division’s bad debt and arrears levels have remained stable. In the half year to June, Cattles announced operating profits of £56.3m, up 14.5% on the previous year.
Cattles’ consumer division’s range of […]
Random picks: Alba | Barratt | Enodis | ICI | Marconi | McCarthy & Stone | Premier Oil | Shell | Spectris | Virgin Mobile