Thursday 05 November 2015 by William Arnold Company research

Cash Converters International Ltd research report 2015

A comprehensive report from FIIG's in-house research team

Cash Converters International Ltd (CCV) is an ASX listed provider of alternative credit services (personal loans) and second hand goods retailing. Formed in 1984, the group has a global network of 768 stores across 21 countries including 123 company owned stores (59 in the UK, 64 in Australia. CCV has experienced solid growth and underlying profitability. It has demonstrated strong cash generation which is a reflection of relatively low debt levels and the high margin personal lending business.