OFX Group: Result 2017

The international payments group has reported a reassuring result despite a sharp fall in profits, but we'll take more convincing.

You could feel the surge of relief on Tuesday, when shares in OFX Group rose 17% following its 2017 result.

It was not without justification. The company has been accident-prone over the past few years since listing, and new chief executives have a reputation for resetting expectations with weak results.

Result in line with guidance

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