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News: FlexiGroup shares spike on H1 profit rise

  1. Shares in FlexiGroup Limited (ASX:FXL) have spiked to the benchmark index’s best performer in morning trade after unveiling interim results.  

    The diversified financial services company lifted its net profit by 11 per cent to $38.5 million in the first half of the 2015 financial year. 

    CEO Tarek Robbiati says the company is increasingly focused on digital finance opportunities and well positioned to become the digital finance leader in Australia and New Zealand. 

    Looking ahead FlexiGroup expects to deliver a cash net profit after tax of between $90 million to $91 million over the full 2015 financial year.

    A fully franked interim dividend of 8.75 cents per share has been declared. 

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