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Anexo Group PLC - Liverpool, England-based credit hire and legal services provider - Expects revenue to be between £135.0 million and £137.0 million for 2022, and pretax profit to be between £24.0 million and £26.0 million, at the upper end of this range broadly in line with market expectations. In 2021, revenue was £118.2 million, and pretax profit was £23.7 million. Looking ahead, says it remains focused on quality claims, high service standards and high success rates.
Executive Chair Alan Sellers says: ‘We are very pleased with the continued strong performance of the group in the face of difficult economic conditions. Opportunities in credit hire, housing disrepair and emissions remain plentiful and we continue to concentrate on those cases which facilitate the most efficient return on our working capital.’
Back in September, Anexo had reported revenue of £68.6 million in the first half of 2022, up 42% from £48.3 million year before. Pretax profit jumped 53% to £13.6 million from £8.9 million.
Current stock price: 104.45 pence each, down 3.3% on Tuesday around midday in London
12-month change: down 23%
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