- Credit hire and legal services provider Anexo said its first-half profit almost doubled, on the back of higher sales and wider margins.

Pre-tax profit for the six months through June jumped to £10.4m, up from £5.3m on-year.

Revenue rose 56% to £36.7m and adjusted profit rose 63% to £11.0m.

Anexo declared an interim dividend of 1p per share. It did not pay a dividend in the previous corresponding period.

The company said it was on track to meet full-year market expectations of adjusted pre-tax profit of £23.0m.

'We are pleased to report another strong set of results, with all key financial metrics and KPIs ahead of the comparative period last year,' executive chairman Alan Sellers said.

'Anexo remains extremely well positioned to grow its market share and take advantage of the opportunities available to it.'

'The board views the current financial year and beyond with considerable optimism.'

At 2:33pm: [LON:ANX] Anexo Group Plc share price was -3.5p at 188p

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