Aforti Holding, a dynamically developing financial Group, offering financial services for small and medium-sized enterprises, has published operating and sales results for October 2016. Aforti Finance reported a more than three-fold increase in the value of granted loans as compared to the previous year. Aforti Collections – the fledgling debt collection agency – recorded a great start as well. The nominal value of debt collection orders in October 2016 amounted to more than 1 million PLN.
Aforti Holding Group published both operational and sales data for October 2016 of companies Aforti Finance SA Aforti Exchange Sp. o.o. and Aforti Collections SA, which was registered at the beginning of October.
Aforti Finance SA Company, offering micro-loans for small and medium-sized enterprises in October 2016 granted loans worth a total sum of 194 thousand PLN. It was a better result by up to approximately 224% as compared to the same period last year. From the beginning, the company has granted loans totaling 2 474.5 thousand. PLN, an increase of approximately 103%. In October 2016, the value of submitted applications was higher by 39% compared to the same period in the previous year and amounted to 1 308 thousand PLN. Whereas, the number of applications has increased year over year by 11%.
“We regularly note the increase both in terms of volumes and value of the loans. The dynamics of Aforti Finance development is still very good, which shows us how big is the market demand for this type of financial services”- Said Klaudiusz Sytek, the CEO of Aforti Holding SA.
Aforti Exchange Company that provides currency exchange services through the internet platform recorded a trading value of 2 891 thousand euro in October 2016, which makes an increase of 8% compared to the same period last year.
“From the beginning of the year, Aforti Exchange exceeded 21 million euro in terms of turnover on the platform. This is a very good result compared to the previous year. When it comes to the development dynamics, this is still satisfactory. Nevertheless, in order to realize their objectives by 2018, we need to enhance it. For this purpose, in compliance with the strategy, we will take every action aiming at expanding into other European markets”- he Claudius Sytek emphasized.
Aforti Collections, a debt collection agency which was registered at the beginning of October also recorded excellent results. The nominal value of debt collection orders in the first month of operations amounted to over 1 million PLN. The company also announced that comparable data for the company will be presented next month in the month over month form.
“Although the company Aforti Collections is the youngest in the whole capital group, we don’t place lesser hopes in it than in the Aforti Finance or Aforti Exchange. The Company’s offer is complementary to our offer and will help us to achieve higher synergies. In the future, we hope for a positive development of Aforti Collections dynamics” – Klaudiusz Sytek added.
Aforti Holding Group recorded 23.83 million PLN consolidated sales revenue in the first half of 2016. Compared to the same period in 2015 it was a better result by 20%, when the consolidated revenue amounted to 19.89 million PLN. Consolidated net profit at the end of June 2016 amounted to 332 000 PLN.