Tom Keighley

Member Article

Debt advisor?s earnings ?substantially ahead?

Fairpoint Group plc, the provider debt advice has said profits for 2012 are expected to be substantially ahead of 2011.

The Lancashire-based firm said its claims management services contributed to strongly to revenues and profits.

Despite a subdued market, the Group’s IVA services maintained an improvement in performance and DMP services were said to be broadly stable.

Chris Moat, CEO of Fairpoint said: “As expected, the second half continued the momentum achieved in the first half, resulting in a strong performance for the year as whole, from both a profitability and cash generation viewpoint.”

This was posted in Bdaily's Members' News section by Tom Keighley .

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