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Trading update

In brief · summary, not quotable

FY2025 earnings expected to exceed market expectations by over 20%.

vs expectations: ahead

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Orchard Funding Group PLC, the finance group which specialises in insurance premium finance and the professions funding market, provides the following update on trading for the 12 months ending 31 July 2025 ("FY2025").

Trading in FY2025 to date has been positive within the insurance premium finance market driving revenue growth through increased margins. The Company has also benefited from the reductions in the base interest rate. As a consequence, management now expect that FY2025 earnings will exceed current market expectations by over 20%.

Ravi Takhar, the CEO of the Company stated: "We continue to focus on the controlled and conservative growth of our business and are pleased to be able to notify the market that we reasonably believe, subject to final audit, that we will exceed current market earnings guidance by over 20%.

"We continue to strengthen our lending in our core insurance premium finance market as well as our lending in adjacent markets. We are optimistic that our ability to lend, develop and operate our own software and our loyal and experienced staff will continue to deliver positive results to the company and all its stakeholders."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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