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Boardroom Talk: Provident Financial sheds its skin

Boardroom Talk: Provident Financial sheds its skin

FromInvestors' Chronicle


Boardroom Talk: Provident Financial sheds its skin

FromInvestors' Chronicle

ratings:
Length:
17 minutes
Released:
May 2, 2017
Format:
Podcast episode

Description

Provident Financial enjoyed years of share price growth driven by its credit card subsidiary subsidiary Vanquis Bank. But its stock finished lower in 2016 as bookings fell and domestic economic concerns weighed. CEO Peter Crook talks with companies editor Ian Smith about a stronger start to 2017, and operational changes in the group's doorstep lending business.Provident's shares trade at a fairly hefty premium to their historic price-to-earnings ratio. Given the costs of growth, concerns about the UK economy and the potential disruption of its restructure - not to mention a regulatory review - should investors be nervous about its prospects? Hosted on Acast. See acast.com/privacy for more information.
Released:
May 2, 2017
Format:
Podcast episode

Titles in the series (100)

Concerned with QE's effects on equity valuations? Looking for ideas for your Isa? Or just plain confused by the stock market? Each week, the Investors Chronicle picks apart the latest news for companies, markets and funds in our regular magazine podcasts. Subscribe for these, along with CEO interviews, company-specific shows and special in-depth discussions on big market themes. Hosted on Acast. See acast.com/privacy for more information.