Heartland Group Holdings Ltd. (DE:73X) has released an update.
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Heartland Group Holdings Ltd. reported a net profit after tax of $74.5 million for FY2024, slightly below expectations due to a challenging economic climate and increased provisions in its portfolios. Despite these challenges, the company achieved a 6.4% growth in gross finance receivables, reaching $7.2 billion, and executed key strategic milestones that are expected to support continued growth. These results come amidst a backdrop of economic volatility and a commitment to strengthening the company’s position for the upcoming fiscal years.
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