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...

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