Provident Financial plc (PFG.L) posted higher pre-tax profit of 196.7 million pounds in 2012, versus 162.1 million pounds a year ago, with profit attributable to equity shareholders growing to 148.0 million pounds, from 119.8 million pounds.
Annual profit before tax and exceptional credit went up 11.7% to 181.1 million pounds, an increase from 162.1 million pounds in 2011, reflecting continued strong growth and margins in Vanquis Bank and a stable performance from CCD.
On a per share basis, full-year earnings climbed to 108.3 pence, from 89.4 pence, and adjusted basic earnings per share of 102.0 pence, grew by 13.8%, compared with last year's 89.6 pence, reflecting the reduction in the statutory rate of UK corporation tax from 26% to 24% on April 1, 2012.
Revenue for the year was 980.0 million pounds, up from the prior-year figure of 910.8 million pounds.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.