Transact parent company Integrafin's revenue up to £133.5m

Trading update reveals £10m rise on previous year

Julia Bahr
clock • 1 min read

Transact parent company Integrafin is expecting its total group revenue for the financial year to 30 September to reach £133.5, according to its trading update published today (10 November).

This was a rise of £10m compared to the year before when it was £123.7m, it said. The firm expected its net interest income to be £0.6m as a result of "rate tailwinds". Tax recoveries relating to life insurance were expected to result in other income that was £0.2m higher than in the year before. Integrafin also reported that tax recoveries relating to research and development would result in a credit to other costs of £0.3m. Due to the now agreed release of specific costs, staff costs are expected to be £0.7m lower than in July last year, according to Integrafin. The cost gu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Lack of personalisation in client engagement risking business growth

Lack of personalisation in client engagement risking business growth

Oxford Risk says better engagement could equal 10% organic AUM growth

Hope Coumbe
clock 23 April 2024 • 1 min read
Ten key steps to training and competence compliance

Ten key steps to training and competence compliance

Taking a proactive approach to training and competence

Jill Hamilton
clock 22 April 2024 • 4 min read
PA360: Last chance to secure your place for Thursday!

PA360: Last chance to secure your place for Thursday!

Join us at etc.venues in the City of London on 26 April

Professional Adviser
clock 22 April 2024 • 1 min read