Arrow ##star Group reported higher 3Q pretax profit , after income from its loan portfolios swelled to help total revenue rise by more than 60 % . Pretax profit increased to £ 9.5 m in the three months ended 30th September , up 25 % YoY. Arrow Global plc maintained its interim dividend at 1.7 pence per share . Revenue rose 62 % to £ 43.3 m largely due to higher income from purchased loan portfolios , as well as stronger income from asset management . Operating expenses , of which about 60 % relate to debt collection activity costs , increased 86 % to £ 24.9 m . Chief Executive Tom Drury said " Going into the final quarter , we have good results on a strong portfolio of deals and we remain firmly on track to deliver overall full - year earnings in line with our expectations . As we look to ensure , with the full - year benefits from the successful implementation of the Capquest and Whitestar acquisitions overlaying continued growth from attractive organic acquisitions , we are confident in achieving another year of significant growth , "
Arrow Global Group reported higher 3Q pretax profit, after income from its loan portfolios swelled to help total revenue rise by more than 60%. Pretax profit increased to £9.5m in the three months ended 30th September, up 12.6% YoY. Arrow Global lifted maintained its interim dividend at 1.7 pence per share. Revenue rose 62% to £43.3m largely due to higher income from purchased loan portfolios, as well as stronger income from asset management. Operating expenses, of which about 60% relate to debt collection activity costs, increased 86% to £24.9m. Chief Executive Tom Drury said "Going into the final quarter, we have good visibility on a strong pipeline of deals and we remain firmly on track to deliver overall full-year earnings in line with our expectations. As we look to 2016, with the full-year benefits from the successful implementation of the Capquest and Whitestar acquisitions overlaying continued growth from attractive organic investments, we are confident in achieving another year of significant growth,"