REG - Vanquis Banking Grp - Full year trading update

Vanquis BankingAnnouncement

01/02/2024 07:00

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RNS Number : 6037B  Vanquis Banking Group PLC  01 February 2024

 

 

 

 

 

Vanquis Banking Group full year trading update

 

London - 1 February 2024 - Vanquis Banking Group plc ('the Group'), the
specialist bank, confirms that the business has traded broadly in line with
management expectations since the Q3 trading update on 17 October 2023.
Adjusted profit before tax(1) (PBT) for FY 2023 is now expected to be £25m.

 

The Group will publish its full year results at 07:00 on Wednesday 27 March
2024, followed by an online results presentation. On the same afternoon, the
Group is looking forward to hosting a strategy seminar that will cover its
plans for delivering attractive and sustainable profit growth and returns,
including its refreshed customer proposition, plans for delivery of
operational efficiency and an update on the Group's capital management
framework.

 

 (1) Adjusted profit before tax is stated before amortisation of acquisition
intangibles, discontinued operations and exceptional items.

 

Enquiries

 

Analysts and shareholders

Miriam McKay, Interim Head of Investor Relations

miriam.mckay@vanquisbankinggroup.co.uk

07577 390666

 

Media

Richard King, Head of Corporate Affairs

richard.king@vanquisbankinggroup.co.uk

07919 866876

 

Simone Selzer, Nick Cosgrove - Brunswick

vanquisbankinggroup@brunswickgroup.com

0207 4045959

 

Ends

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