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IntegraFin Earnings Decline In H1; Stock Down

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

IntegraFin Holdings plc (IHPGF,IHP.L), a UK-based investment platform, on Wednesday announced that pre-tax profit declined in the first half compared with the previous year.

IntegraFin is currently trading 5.95% lesser at 308 pence on the London Stock Exchange.

For the first half of the year, profit before tax was 29.8 million pounds, 8% lower than 32.4 million pounds in the previous year.

Earnings per share were 6.3 pence versus 7.4 pence last year.

Underlying profit before tax climbed to 37.9 million pounds from 33.5 million pounds last year.

Underlying earnings per share were 8.8 pence versus 7.7 pence in the prior year.

Interest income rose 10% to 5.6 million pounds from 5.1 million pounds last year.

Revenue increased 10% to 77.2 million pounds from 70.4 million pounds last year.

Further, the Board has declared an interim dividend of 3.3 pence per share for the first half of 2025, higher than last year's 3.2 pence per share, payable on July 4 to shareholders on record as of June 6.

Looking ahead, the company's cost guidance for full year 2025 and full year 2026 remains unchanged, with one-off c.2 million pounds office relocation costs to be booked in the second half and full year 2025.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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