Anexo revenue growth exceeds forecasts

AIM-listed Anexo announced today that revenue growth for the year to December 31, 2021, has exceeded its forecasts, and that pre-tax profits will be significantly ahead of market expectations.

The Liverpool-based specialist integrated credit hire and legal services provider, with offices in Bolton and Leeds, issued a trading update in which it said the group’s growth strategy has been supported by a sustained recovery in its core business following the easing of the second national lockdown in March 2021. The number of vehicles on the road in the group’s credit hire division, EDGE, reached record numbers in the second half of 2021, peaking at around 2,500 in December 2021. The number of vehicles on the road currently stands at 2,300.

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.

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