Anexo Group reports robust growth

An integrated provider of loan leasing and legal services is posting robust growth after posting higher sales and profits for the half-year.

In its interim results for the six months ended 30 June 2022, Liverpool-based Anexo Group reported revenue of £68.6m, up 42 per cent from £48.3m in the same period last year.

Operating profit also rose 54.8 per cent to £16.1m compared to £10.4m in 2021, while profit before tax rose 52.8% to £13.6m from £8.9m £m rose.

Anexo plc (LON:ANX) is a specialist integrated credit hire and legal services group focused on providing replacement vehicles to consumers who have been involved in a non-fault accident. ‘Been Let Down’ is a trading name of Bond Turner, part of the Anexo Group.

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