Fellow Finance Plc lowers guidance for year 2019
FELLOW FINANCE PLC COMPANY ANNOUNCEMENT, INSIDE INFORMATION 30 DECEMBER 2019 AT 4:00 PMBased on the estimated results of Q4 2019, Fellow Finance Plc has decided to lower and refine its guidance for full year 2019. The main reason for the change in guidance is the lower than expected intermediated loan volume in the Q4 2019. The new revised guidance for 2019 In 2019 Group net sales is expected to grow about 19% and adjusted EBIT to be lower than in year 2018. The previous guidance for 2019 In 2019 Group net sales is expected to grow over 20% and adjusted EBIT to be lower