Market Update Presentation – 16 May 2012

Today Credit Corp announced its results of the FY12 period until 30 April 2012.

Credit Corp announced its half year results today. A presentation was given by Credit Corp’s CEO Thomas Beregi.

Highlights

The directors of Credit Corp Group Limited (Credit Corp) are pleased to report strong results for the first half of the 2012 financial year. Key highlights are as follows:

• 23 per cent growth in Net Profit After Tax (NPAT) over the prior corresponding period (pcp)
• 30 per cent increase in the interim dividend to 13 cents per share
• Strengthened Purchased Debt Ledger (PDL) acquisition pipeline
• Removed a major distraction through conditional settlement of shareholder litigation
• Started a consumer lending business
• Commenced US debt purchasing operations

Click here to listen to a recording and view the results presentation

Click here to listen to an interview with CEO Thomas Beregi post the results announcement

The Annual General Meeting was held for shareholders today at the Grace Hotel in Sydney. An update on YTD performance and guidance for the balance of this current financial year was presented by CEO Thomas Beregi after an address to shareholders by Chairman Don McLay.

Listen to a recording of the Meeting and view presentation

Credit Corp’s Annual Report was lodged to the market
today.

To view the Annual Report click here

Credit Corp announced today its Full Year Results for the 2011 Financial Year. A presentation was given today by Credit Corp Group’s CEO Thomas Beregi.

Highlights

• 55 per cent growth in Net Profit After Tax (NPAT) to 21.0 million
• 150 per cent increase in dividends for the year to 20 cents per share
• 42 per cent increase in Purchased Debt Ledger (PDL) acquisitions to $92.6 million
• Entry into new purchasing segments
• Successful operation of offshore collection facility

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List to a recording and view the presentation