4finance S.A.
4FINANCE HOLDING S.A. REPORTS RESULTS FOR THE SIX MONTHS ENDING 30 JUNE 2024 (news with additional features)
EQS-News: 4finance S.A.
/ Key word(s): Half Year Results
4finance Holding S.A. reports results for the six months ending 30 June 2024 Continued profitable growth with net profit of €22.9 million and Adjusted EBITDA of €75.1 million Strong balance sheet and cash position 30 August 2024. 4finance Holding S.A. (the ‘Group’ or ‘4finance’), one of Europe’s largest digital consumer lending groups, today announces unaudited consolidated results for the six months ending 30 June 2024 (the ‘Period’). Operational highlights
Financial Highlights
Liquidity and funding
Kieran Donnelly, CEO of 4finance, commented: “We have seen strong results for the first half of the year, with continued net profitability of €23 million, up 36% year-over-year, and Adjusted EBITDA of €75 million, up 28% from last year. “TBI Bank’s quarterly net receivables have surpassed €1 billion for the first time, as the bank continues to grow profitably. “Our measured approach to new operations is also delivering, with our UK joint venture making its first profits, just 15 months after launch. “These results reflect our solid performance and positive outlook.” Contacts
Additional features: File: 4finance report on H1 2024 results
30.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. |
Language: | English |
Company: | 4finance S.A. |
8-10 Avenue de la Gare | |
1610 Luxembourg | |
Grand Duchy of Luxembourg | |
E-mail: | info@4finance.com |
ISIN: | XS1417876163, SE0006594412, XS1092320099, XS1094137806, |
WKN: | A181ZP |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Dublin |
EQS News ID: | 1978897 |
End of News | EQS News Service |