Pre-tax profit boost for IPF

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LEEDS-based International Personal Finance’s pre-tax profits were up by 49.3 per cent to £92.1m for 2010.

The firm’s latest annual results also reveal a growth in customer numbers of 7.5 per cent and success in business abroad, particularly Hungary, Romania and Mexico.

In the annual results report, chief executive officer John Harnett said: “In 2011 we expect positive economic conditions in our markets and so aim to grow customers and credit issued at higher levels than 2010 and, therefore, expect the Group will continue to make good progress.”

A final dividend of 3.74 pence per share will be declared, subject to shareholder approval.

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