Emitents | DelfinGroup, AS (iepriekšējais nosaukums - ExpressCredit, SIA) (2138002PKHUJIMVMYB13) | ||||||||||||||||||||||||||||||||||||||||||
Veids | 2.2. Iekšējā informācija | ||||||||||||||||||||||||||||||||||||||||||
Valoda | EN | ||||||||||||||||||||||||||||||||||||||||||
Statuss | Publicēts | ||||||||||||||||||||||||||||||||||||||||||
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Datums | 2019-08-21 12:19:53 | ||||||||||||||||||||||||||||||||||||||||||
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ExpressCredit Group announces its current year financial estimate and two-year financial forecast. According to the financial plan, in 2019, the Group’s turnover will increase by 9% and consolidated net loan portfolio by 40%. ExpressCredit Group plans stable growth of ordinary business in mid-term.
Comment from Didzis Admidins, the CEO of ExpressCredit Group: In the coming years, we will focus on activating existing customers as well as attracting new customers. We will continue to work on new product development, testing and implementation, thus increasing the group's profitability. We expect the EBITDA to be close to EUR 9 million in 2021, the net loan portfolio to reach at least EUR 37 million and turnover to strongly exceed EUR 23 million. This published forecast is prudent, but we are working to outperform these results." The forecast is based on the following assumptions and management vision: The forecast will be updated if it becomes very likely that the actual results will deviate from this forecast by more than 10%. For example, the financial forecast of the group may change if the management of the company decides to start providing services also outside Latvia (currently the core business of the group is performed only in Latvia). __________________________________________________________________ SIA ExpressCredit is a licensed consumer lending company founded in 2009. The Group is represented by the brands "Banknote", "VIZIA" and "Riga City Pawnshop". The Group's core services are consumer loans, distance loans, pawn broking loans and money transfers in partnership with Western Union. In total, the Group operates in 39 Latvian cities and populated areas, a total of 87 branches, employs more than 250 professionals and has paid 2.7 million euros in taxes for the year 2018. SIA ExpressCredit is a member of LAFPA and LTRK and has qualified for Gold level status of SRS cooperation program.
Kristaps Bergmanis |
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