Group Annual Results 2021-2022
Friday 10th June 2022
Today we’ve announced our 2021/22 Full Year Results with Group profits of £130m, as focus on customer experience boosts growth.
Last year we grew our business by 25%, delivering record profits. And more importantly, kept our customers happy. Key achievements across the group have included:
- Novuna posted record pre-tax profits of £130m in FY21/22, up 25% on the prior year in the first full year of trading since the merger of its parent company
- The Group’s new business volume over the period also rose to record highs, with total volumes of £4.1bn, across its five business divisions, including consumer, business, and vehicle solutions, while net earning assets hit £6.5bn
- Major system enhancements and a focus on sustainable investments continued to deliver a customer focused proposition that delivered significant gains in market share for the business across all sectors
- Novuna has strengthened its presence in its 22 markets across Europe, with the business now counting over 1,600 employees and over 1.3 million customers across the business divisions.
Watch the highlights of our year below.