4 March 2021 - trading update

AIM-listed provider of non-standard financial services Morses Club has issued an upbeat trading update for the 52-week period to 27 February 2021.  Trading has been ahead of expectations and a dividend will be declared when final results are announced.  Once the potential impact of Covid-19 was know, the company soon moved to a remote Home Collect Credit ("HCC") lending model, which was facilitated by previous investment in digital capability.  This allowed Morses Club to re-commence lending to existing customers three weeks after the initial lockdown in the UK was announced . . .

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