Listed credit hire and legal services provider Anexo today announced a 53% increase in profit before tax and a 36% rise in revenue, with the business saying it is in a position to take advantage of ‘significant growth opportunities … as we emerge from the pandemic’.
Anexo Group reported profit before tax of £23.7m for calendar 2021, up from £15.5m in the previous 12 months. Total revenue rose from £86.8m to £118.2m, with its legal services division Bond Turner increasing its revenue by 33% to £46.9m.
The company, which listed on the Alternative Investment Market in 2018, said growth at Bond Turner’s Bolton office and the opening of an office in Leeds early last year have provided ‘considerable opportunities for recruitment’.
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.