Home shopping and education resources company Findel has predicted performance at the upper end of market expectations for its financial year to Christmas , with profits growing by about 20% . Strong growth, particularly at its financial year , helped drive the results, although marketing changes meant its financial year was quieter. The UK company said the turnaround of its education division was going well, with sales declines narrowing from about 20% in H2 . While trading in the fourth quarter was quieter, in part due to changes in marketing activity, the business reportedly benefited from stronger collections and recoveries from its credit receivables to contribute towards overall operating profit growth of around 20% for the year as a whole. Meanwhile it said online sales rose sharply. Detailed results are expected at its financial year .
Home shopping and education resources company Findel has predicted performance at the upper end of market expectations for its financial year to Christmas , with profits growing by about 20% . Strong growth, particularly at its financial year , helped drive the results, although marketing changes meant its financial year was quieter. The UK company said the turnaround of its education division was going well, with sales declines narrowing from about 20% in H2 . Meanwhile it said online sales rose sharply. Detailed results are expected at its financial year .