Brief: Credit Corp Says FY2024 Investment Pipeline Remains Modest

Credit

01/08/2023 02:28

Aug 1 (Reuters) - Credit Corp Group Ltd  CCP.AX :
    * WHILE SOME ONE-OFF PURCHASES WERE SECURED LATE IN YEAR,
FY2024
INVESTMENT PIPELINE REMAINS MODEST
    * FURTHER CONTRACTION IN SEGMENT EARNINGS IS EXPECTED IN
2024
    * WILL PAY A FINAL DIVIDEND FOR 2023 FINANCIAL YEAR OF 47 AU
CENTS
PER SHARE
    * INVESTMENT IS EXPECTED TO MODERATE IN FY2024
    * FY24 NET LENDING VOLUMES EXPECTED TO BE BETWEEN  A$45M -
A$55M
    * SEES FY2024 EPS 132 AU CENTS - 147 AU CENTS
    * SEES FY24 NPAT GUIDANCE A$90 - A$100M
    * SEES  FY2024 PDL ACQUISITIONS OF BETWEEN A$200M - A$250M

Source text for Eikon:  ID:nASX4WF97M 
Further company coverage:  CCP.AX 

 ((Reuters.Briefs@thomsonreuters.com;))