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Orchard Funding ( (GB:ORCH) ) has issued an update.
Orchard Funding Group PLC reported a strong financial performance for the half-year ending January 2025, with significant increases in revenue and profit. The company nearly doubled its profit before tax compared to the previous year, driven by increased lending volumes and improved interest margins. Despite the competitive market and geopolitical uncertainties, the company remains optimistic about maintaining its growth trajectory. The board decided to pay an interim and special dividend, reflecting the company’s robust performance.
More about Orchard Funding
Orchard Funding Group PLC is a finance group specializing in insurance premium finance and the professions funding market. The company operates in a competitive market, focusing on lending and financial services.
YTD Price Performance: 1.79%
Average Trading Volume: 9,050
Technical Sentiment Signal: Buy
Current Market Cap: £6.09M
For detailed information about ORCH stock, go to TipRanks’ Stock Analysis page.