IuteCredit reports unaudited results for 3M/2021 - Drive for growth is stronger than third-wave headwinds dgap.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dgap.de Daily Mail and Mail on Sunday newspapers.
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DGAP-News: IuteCredit Finance S.à.r.l. / Key word(s): Annual Results
IuteCredit reports unaudited results for 12M/2020: Q4 below expectations in wake of overoptimism - Looking ahead to 2021 affirmatively and impatiently
18.02.2021 / 07:30
IuteCredit reports unaudited results for 12M/2020
Q4 below expectations in wake of overoptimism - Looking ahead to 2021 affirmatively and impatiently
OPERATIONAL HIGHLIGHTS
Repayment discipline (Customer Performance Index, CPI) remaining good.
Balance sheet up 10% to 116,6 million EUR despite controlled contraction in the course of the year.
Number of loans signed in period under review up y-o-y 65,4% to 222.418 (12M/2019: 134.479).
Principal amount of loans issued decreased y-o-y 23% to 117,7 million EUR (12M/2019: 152,2 million EUR).