LONDON (ShareCast) - (Sharecast News) - Legal services provider Anexo Group said on Tuesday that 2019 had been "a year of strong progress" for the company.
Anexo said full-year adjusted pre-tax profits would be in line with current market expectations, reflecting the continued expansion of the legal services division and a consequent increase in cash collection.

The AIM-listed firm added that it continued its strategy of keeping the number of vehicles in its credit hire division at a consistent level and also maintained its policy of increasing the number of litigators within its legal division, driving increased case settlements and cash collection.

Monthly cash collections during the second half were also said to have "consistently exceeded" the levels achieved in the first six months of the year.

Anexo said it would be opening a Bond Turner office in Leeds during the first quarter of 2020 as a result of the success of the Bolton office.

As of 1035 GMT, Anexo shares were down 1.39% at 178p.

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