Profit bounce for Callcredit

Published on

Profits grew by 54% at Callcredit Information Group during 2009, as the business posted a profit of £7 million.

Revenue increased by 9% year on year, while head count grew from 625 to 676.

At the end of 2009 Callcredit went through an management buy-out and partnered with private equity firm Vitruvian.

John McAndrew, CEO of Callcredit Information Group said: “Callcredit is focused on driving innovation into the marketplace and these results show that our efforts and achievements have been well received by our customers. Over the course of the year we have continued to refine and develop our unique credit and marketing products

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Landlords brace for RRA impact as tenant stability holds firm

Landlords are preparing for significant change as the Renters’ Rights Act 2025 comes into force with...

Landlord exit reshapes London buy-to-let landscape

Landlords have been exiting the London rental market since reforms were first proposed with...

Brightstar COO urges brokers to back ED&I survey push

The mortgage industry has been urged to “take stock and reset” its approach to...

Sickness absence stuck above pre-pandemic levels

Sickness absence across the UK workforce remains elevated despite showing signs of stabilising, reinforcing...

The Darlington raises foreign currency mortgage LTV to 90%

Darlington Building Society has increased the maximum loan-to-value available on its foreign currency mortgage...

Latest publication

Other news

Landlords brace for RRA impact as tenant stability holds firm

Landlords are preparing for significant change as the Renters’ Rights Act 2025 comes into force with...

Landlord exit reshapes London buy-to-let landscape

Landlords have been exiting the London rental market since reforms were first proposed with...

Brightstar COO urges brokers to back ED&I survey push

The mortgage industry has been urged to “take stock and reset” its approach to...