Sydney, Australia, Mar 2, 2015 - (ABN Newswire) - Cash Converters International Ltd (ASX:CCV) Managing Director Presentation with the First Half Highlights
- Record breaking December lending performance in Australia, expect ongoing growth in 2H FY15
- Personal loan book in Australia grew by 22.7% to $115.7m as at 31 Dec 2014
- Growth of the online personal loan business in Australia continues to be very strong up 65.2% on pcp
- Online cash advance loans strong with value written up by 68.1% to $36.3m
- Growth in corporate store network in the UK and Australia. EBITDA grew by 52.3% on pcp to $10.5m
- Commencing transition to new UK regulatory regime From 2 January 2015 rate and fee caps
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CCV-711472.pdf
About Cash Converters International Ltd:
Cash Converters International (ASX:CCV) is a franchised retail network listed on the ASX. It specialises in the sale of second-hand goods. The Cash Converters group employs modern retailing practices, professional management techniques and high ethical standards to the management of its stores throughout the chain which appeal to a wide cross section of the community. As a result, Cash Converters has been able to position its outlets as credible retail merchandise stores, resulting in a profitable market for the group.
Contact:
Cash Converters International Ltd
T: +61-8-9221-9111
F: +61-8-9221-9011
WWW: www.cashconverters.com
Source:
Cash Converters International Ltd
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