A substantial increase in sales revenue and consolidated net profit after three quarters of 2016.

Aforti Holding Group, which offers financial services to the SME sector, has published results for the first three quarters of 2016. During this period, the consolidated revenue totaled 40.43 mln PLN. Net profit generated by the Group amounted to 525 thousand PLN and was twice higher compared to the same period last year. In the first three quarters of this year, the value of loans granted by the Aforti Finance company amounted to 2.28 million PLN and has already exceeded the value of loans granted throughout 2015.

The consolidated revenue of the Aforti Group after three quarters of 2016 amounted to 40.43 million PLN to 29.77 millionPLN, which means 35.82 percent increase compared to the same period a year before. The consolidated profit of the Group reached 525 thousand PLN, compared to 260 thousand PLN profit achieved in the same period last year. This means two-fold increase (by 102 per cent year-on-year). As Klaudiusz Sytek (the CEO of Aforti Holding SA) states, the generated results are the natural consequence of the customer’s growing interest in the Group’s products and the consistent execution of the strategy for the years 2016-2018.

“After three quarters Aforti Finance granted loans for a total amount of 2.28 million PLN, which means that it has already exceeded the value of loans throughout 2015. Interest in products offered by our Group is constantly growing which is reflected in the presented results. Currently, we are focusing on the further implementation of development strategy which was adopted in July this year.”- said Klaudiusz Sytek.

Not only Aforti Finance, granting loans to small and medium-sized businesses, recorded a great result. Aforti Exchange, which provides currency exchange services via the Internet platform, after three quarters recorded a more than 76 percent increase in the value of that currency compared to the same period in 2015.

“Our exchange platform enjoys a steady growth of interest which is confirmed by the results of the first three quarters and the published operational sales results for October 2016. However, in order to realize our ambitious plans for 2018, dynamics of growth in volumes of the listed currencies should continue to grow, “- added Klaudiusz Sytek.

Aforti Collections, a newly formed debt collection company which was registered at the beginning of October, will also work on the future performance of the Aforti Group. According to the published operational and sales report for October, the company recorded a very promising start. In the first month of operations the nominal value of debt collection orders amounted to 1 million zł.