Thorn Group Ltd - Results Presentation - Half Year Ended 30 September 2018

Outlook 14  Outlook remains challenging  Radio Rentals difficulties will, as previously stated, take time to resolve  Business Finance focused on controlled growth now funding is in place  Arrears increasing in softening economic conditions  New AASB 9 environment means higher loss provision coverage rates and more volatile provisioning  Corporate costs will continue to bear significant legal fees  Net profit after tax for the full year now expected in the $6m to $8m range (down from previous guidance of $7m to $10m)