FlexiGroup's outlook misses expectations

The financial services group posts double-digit growth for 2012-13, and expects more of the same for the current financial year.

FlexiGroup (FXL) has exceeded its earlier guidance with its full-year net profit for 2012-13 but investors may not warm to its outlook for 2013-14.

The financial services group lifted net profit by 18% to $71.2 million, above its half-year guidance for 11-16% and slightly higher than analyst estimates for $70.7 million.

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