10
INTEREST FREE
Certegy provides no interest ever and
lay-by products to consumers through
a diverse network of merchants. More
than 1.5 million purchases have been
processed using Certegy
Ezi-Pay
Express
, a no interest ever continuous
credit service.
Certegy
Lay-Buy Express
(new in 2011)
provides all the traditional features
of Lay-by and provides the self
management of repayments and online
tracking of payment history. This also
removes the administration costs from
the retailer.
HIGHLIGHTS
• Strong performance from home,
ftness and solar energy sectors
• Release of new lay-by product
attracts major retailer Toys-R-Us
• Strong growth in second half
fscal 2011
VOLUME
$375
m
$290
m
2010
2011
Volume growth of 30% for FY2011,
with outstanding second half growth
of +38%
CASH NPAT
$13.7m versus $7.6m in the prior year
Growth of 80%
GROWTH OUTLOOK
Lay-buy Express
contribution to
Certegy volume is forecast to increase
and to contribute $1 million to NPAT
Ezi-pay Express
growth is expected to
continue – driven by the green energy
industries, the home improvement
sectors and repeat business strategies
certegy
ezi -pay
Diversity
equals
success
OPERATIONAL REPORT
FlexiGroup’s four businesses offer a broad set of products and
services to an extensive distribution network of 11,000 merchant,
vendor and retail partners. A key to the Group’s success is the
ability to develop or adapt products to meet these partners’
needs. It is this ability to innovate that drives proft and growth.