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IntegraFin Sees Higher Group Revenues In H1, Backs FY25 View

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

IntegraFin Holdings Plc (IHP.L) on Tuesday said it expects more than 9 percent growth in total group revenues for the first half of 2025, and that its guidance for the fiscal year 2025 remains unchanged.

For the first half of 2025, the company expects total group revenues to be up over 9 percent at around 77 million pounds. This compares to revenues of 70.4 million pounds recorded in the same period last year.

The investment platform provider also reaffirmed its previous cost guidance that, beyond fiscal 2025, total administrative costs will moderate, rising by low to mid-single digit percentages.

In the second quarter, the company reported net inflows of 1.2 billion pounds, higher than last year's 0.8 billion pounds.

The company also said the client base on the platform has increased to about 241 thousand in the second quarter, from the 231 thousand registered in the same period year ago.

IntegraFin said funds under direction or FUD at the quarter end on the Transact platform climbed 8 percent to 65.9 billion from last year.

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