More Customers Will Lead to Higher Profits for Egg

Daily PostDecember 17, 2004

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Summary


ONLINE bank Egg is eyeing higher profits after winning new credit card customers and selling them more loans.

In a trading update, Egg said yesterday that pre-tax profits in the UK during the year to December 31 should be slightly above the market consensus of pounds 69m.

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Extract


More Customers Will Lead to Higher Profits for Egg

Growth in its credit card business had been sustained into the final qu...

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