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Private & Commercial Finance Group (AIM:PCF) reports trading ahead of expectations

15/04/2015 · Private & Commercial Finance Group (PCF) 

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AIM-listed Private & Commercial Finance Group (PCF) has issued a positive Trading Update today - as predicted last week in this Investor's Champion blog comment.

Private & Commercial Finance Group is a provider of asset backed finance helping SMEs and consumers to purchase vehicles, plant and equipment.

In today’s Trading Update the Group reported that results for the year ended 31 March 2015 are expected, subject to audit, to be ahead of market expectations. PCF’s shares are up 10% at the market open.

Portfolio growth, portfolio quality and profitability all outperformed management objectives during the period. The Group highlighted the…

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