StockMarketWire.com - Non-Standard Finance said annual losses deepened on the back of higher financing costs and write-downs.

Pre-tax losses amounted to £10.4m, compared to a loss in 2016 of £8.0m.

Normalised profit, however, rose by 35% to £16.4m, as the loan book swelled and loan impairments fell.

The company declared full-year dividends of 2.20p per share, up from 1.20p in 2016.

'2017 was a year of delivery with significant organic loan book growth whilst impairment reduced from 29% to 24% of normalised revenue,' chief executive John van Kuffeler said.

'I am pleased to say that these trends have continued into the current year.'


At 9:33am: [LON:NSF] Nonstandard Finance Plc share price was +0.4p at 68.8p



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