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Company News Summary

FlexiGroup Announces Trading Update and COVID-19 Response

23 Apr 2020  |  09:43:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FXL - Trading Update and COVID-19 Response

FlexiGroup provided an update on the Company's response to COVID-19 and a trading update for the quarter ended 31 March 2020 (3Q 2020). The Company maintains a customer profile with over 75% of customers over the age of 35 with a penetration of home ownership. The Commercial and Leasing continuing to provide diversification benefits to Company's portfolio with 3Q 2020 volumes up 5% on pcp as the strategic focus continues to reorient towards SMEs.

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