You are here

Prices & Quotes - UK Markets - International Personal Finance (IPF)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 129.40p
Change Today:
2.40p
Market Cap:
289.52m
Sector:
Financial Services

IPF collections steady but weaker trend expected

By Sean Farrell

Date: Thursday 17 Dec 2020

LONDON (ShareCast) - (Sharecast News) - International Personal Finance said collections in November held steady but that it was preparing for a weaker performance over the next few months.
The subprime lender said collections stayed at 97% of pre-coronavirus expectations and that all its businesses excluding Hungary produced a good performance.

"The modest reduction in collections effectiveness we expected during the winter has not materialised, but we continue to plan for a softening in performance in the coming months," IPF said.

Credit issued rose by a percentage point to 61% of pre-pandemic expectations in November despite tighter restrictions in most markets because of Covid-19, IPF said. IPF carries out doorstep lending in Poland, Lithuania and the Czech Republic and has digital loan businesses in markets including Spain, Mexico and Australia.

"We have progressively relaxed credit settings since the half year and our plan remains focused on rebuilding the receivables portfolio while maintaining a clear focus on portfolio quality and the macroeconomic effects of Covid," the company said.

The Polish government has proposed a series of regulatory measures that will affect IPF, including extending a reduced cap on non-interest consumer credit costs to the end of 2021 from 8 March. IPF said the measures would apply to new lending and that it would update investors about the impact when they were finalised or implemented.

Gerard Ryan, IPF's chief executive, said: "We continued to perform well in November. Collections remained robust and we increased credit issued in line with our strategy to progressively rebuild the receivables portfolio while maintaining credit quality. We will continue to focus on protecting our colleagues so they can serve our customers safely during the peak month of December and beyond."

IPF shares fell 3.5% to 88.8p at 09:09 GMT.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

IPF Market Data

Currency UK Pounds
Price 129.40p
Change Today 2.40p
52 Week High 132.40p
52 Week Low 35.75p
Volume 61,842
Shares Issued 223.74m
Market Cap 289.52m
Beta 0.04

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IPF Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 11-Apr-19
Paid 04-Oct-19 10-May-19
Amount 4.60p 7.80p

Trades for 07-May-2021

Time Volume / Share Price
16:35 2,756 @ 129.40p
16:29 8 @ 130.60p
16:29 90 @ 130.60p
16:29 845 @ 131.60p
16:11 102 @ 132.00p

IPF Key Personnel

CEO Gerard Ryan
CFO Justin Lockwood
Chair Stuart Sinclair