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.
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