Following a strong January trading update and forecast upgrades, Anexo has issued a confident trading statement ahead of its 2021 full-year results announcement on 11 May. Trading is in line with management’s expectations. Continued focus on quality claims, service standards and success rates in its Credit Hire division has reduced vehicles on the road from the record levels seen in H2 21 to 1,955.
Anexo’s legal division continues to benefit from the reopening of the courts. Anexo has announced an additional debt facility plus an increase in its debt facility with Secure Trust to £40m.
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.