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:
Down 136.20p
Change Today:
-1.60p
Market Cap:
304.73m
Sector:
Financial Services

IPF hit by Polish consumer credit cap

By Sean Farrell

Date: Friday 22 Jan 2021

LONDON (ShareCast) - (Sharecast News) - International Personal Finance said it expected collections to soften and that it was assessing the impact of Poland's decision to extend a reduced cap on consumer credit costs.
The world's biggest doorstep lender said debt collections were 96% of pre-coronavirus expectations in December compared with 97% in November with levels "robust" across its business.

A slight reduction in collection rates expected in the fourth quarter did not materialise but IPF said it continued to plan for a "softening in performance" in the first quarter.

During the peak month of December credit rose by 4 percentage points to 65% of pre-Covid expectations, IPF said. The company said it would gradually relax credit settings in 2021 to rebuild the business while monitoring loan quality and the economy.

IPF carries out doorstep lending in Poland, Lithuania and the Czech Republic and has digital loan businesses in markets including Spain, Mexico and Australia. Poland is one of its biggest markets.

On Thursday the Polish parliament voted overwhelmingly to extend a reduced cap on non-interest consumer credit costs from 8 March to the end of June. The extension is shorter than a 31 December deadline originally proposed.

Gerard Ryan, IPF's chief executive, said: "We delivered another robust trading performance in December. It is disappointing that the temporary rate cap in Poland has been extended but as we have demonstrated throughout the pandemic we have an extremely resilient business model."

IPF said the new law would take effect in the coming weeks and would affect new lending. The company's annual results, due on 3 March, will feature an assessment of the potential impact on lending and profitability, IPF said.

IPF shares fell 4.8% to 75.9p at 09:20 GMT. The shares have more than halved from 159p in the past year.

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 136.20p
Change Today -1.60p
52 Week High 141.60p
52 Week Low 35.75p
Volume 100,131
Shares Issued 223.74m
Market Cap 304.73m
Beta 0.02

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. empty market
  5. empty market
sector
  1. full sector star
  2. half 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. half 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. empty sector
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 14-May-2021

Time Volume / Share Price
16:35 8,287 @ 136.20p
16:29 10 @ 136.00p
16:29 119 @ 136.00p
16:29 5 @ 136.00p
16:29 10 @ 136.00p

IPF Key Personnel

CEO Gerard Ryan
CFO Justin Lockwood
Chair Stuart Sinclair