Maiden results for the period 18 December to 31 December 2006
21 March 2007
Mobile Credit Baltic plc (AIM: MCRB.L), the provider of immediate, short-term credit to consumers in the growing markets of Estonia, Latvia, Lithuania and Finland, floated on the AIM market of the London Stock Exchange on 16 January 2007, raising £3.8 million.
The Company today announces its maiden financial results for 2006. Since the Company was incorporated on 18 December 2006, these results relate to the 14-day period between 18 December and 31 December 2006.
Highlights
- Successful flotation on AIM in January 2007, raising £3.8 million
- Continued growth of Estonian and Finnish lending operations
- Promising launch of Lithuanian operations
- Preparations for Latvia expansion underway and on schedule
Bertil Rydevik, Chairman, said:
“We continue to develop the business and are encouraged by the progress to date. The Board remains confident of the Group’s growth prospects and our ability to meet expectations for the full year.”
The full results are available to download in PDF format
For further information please contact:
| Rami Ryhänen, Chief Executive Officer | +358 50 550 0262 |
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Henry Nilert, Chief Financial Officer |
+44 7769 693 795 |
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Libertas Capital:
| Andrew Raca | +44 (0)20 7569 9650 |
Media enquiries:
Capital MS&L:
| Peter Curtain / James Madsen | +44 (0) 20 7307 5330 |