Alfa commits to net zero as climate targets are validated by SBTi

Alfa has received validation for its science-based targets and reaffirmed its commitment to achieve net-zero emissions by 2030. The Science Based Targets initiative (SBTi) validated Alfa’s submission via the SME route, ensuring that targets are aligned with restricting an increase in global temperatures to 1.5ºC. Alfa has committed to reducing Scope 1 and Scope 2 emissions by 42% by 2030 compared with 2022; and measuring and reducing Scope 3 emissions.

Alfa commits to net zero as climate targets are validated by SBTi

Sep 25, 2023

Alfa has received validation for its science-based targets and reaffirmed its commitment to achieve net-zero emissions by 2030. The Science Based Targets initiative (SBTi) validated Alfa’s submission via the SME route, ensuring that targets are aligned with restricting an increase in global temperatures to 1.5ºC. Alfa has committed to reducing Scope 1 and Scope 2 emissions by 42% by 2030 compared with 2022; and measuring and reducing Scope 3 emissions.

Alfa announces free Scope 3 emissions reporting

Alfa has announced new functionality to help its Alfa Systems' customers track and report their portfolios’ Scope 3 greenhouse gas emissions. A complementary add-on for current and prospective Alfa customers, Scope 3 Reporting in Alfa Systems measures emissions at the asset level, based on published emissions data and actual or predicted usage, and is available for reporting or extraction from the Alfa Systems reporting database.

Alfa announces free Scope 3 emissions reporting

Sep 15, 2023

Alfa has announced new functionality to help its Alfa Systems' customers track and report their portfolios’ Scope 3 greenhouse gas emissions. A complementary add-on for current and prospective Alfa customers, Scope 3 Reporting in Alfa Systems measures emissions at the asset level, based on published emissions data and actual or predicted usage, and is available for reporting or extraction from the Alfa Systems reporting database.

Alfa reports strong first half results for 2023

Alfa Financial Software (Alfa) has today reported strong financial and operational performance results for the six months ended 30 June 2023. Revenue was up 21% to £52.9m compared to H1 2022 and operating profit up 19% on H1 2022 to £16.9m, as the business maintains investment in the future.

Alfa reports strong first half results for 2023

Aug 31, 2023

Alfa Financial Software (Alfa) has today reported strong financial and operational performance results for the six months ended 30 June 2023. Revenue was up 21% to £52.9m compared to H1 2022 and operating profit up 19% on H1 2022 to £16.9m, as the business maintains investment in the future.

Alfa reports strong H1 trading with full-year expectations reiterated

Alfa Financial Software reports that the strong growth seen in Q1 continued through Q2. With a strong H1 performance and late-stage pipeline, Alfa is confident that their full-year expectations for 2023 will be achieved.

Alfa reports strong H1 trading with full-year expectations reiterated

Jul 20, 2023

Alfa Financial Software reports that the strong growth seen in Q1 continued through Q2. With a strong H1 performance and late-stage pipeline, Alfa is confident that their full-year expectations for 2023 will be achieved.

What does the 2023 Asset Finance 50 report tell us about the state of the market?

Those who can remember studying economics at school, or anyone with a more recent interest in the subject, will be aware that markets can be classified as being in states of perfect competition (many sellers, one product), monopolistic competition (many sellers, different products), oligopoly (a few sellers), and monopoly (one seller). Where does the UK asset finance industry fit on this scale? The Asset Finance 50 can provide the answer.

What does the 2023 Asset Finance 50 report tell us about the state of the market?

Jul 14, 2023

Those who can remember studying economics at school, or anyone with a more recent interest in the subject, will be aware that markets can be classified as being in states of perfect competition (many sellers, one product), monopolistic competition (many sellers, different products), oligopoly (a few sellers), and monopoly (one seller). Where does the UK asset finance industry fit on this scale? The Asset Finance 50 can provide the answer.

UK’s top 50 asset finance companies deliver growth in uncertain economic times

The UK’s asset finance industry has demonstrated determination and resilience in a challenging and uncertain economic environment. To maintain a healthy asset finance market, industry players have tackled these economic obstacles head-on, identifying opportunities and focusing on a sustainable asset finance industry. That’s the message from a unique study of the UK’s asset finance industry which reveals how the sector, even when facing economic adversity and challenging climate change initiatives, remains a valued and vital financing solution for UK SMEs.

UK’s top 50 asset finance companies deliver growth in uncertain economic times

Jul 12, 2023

The UK’s asset finance industry has demonstrated determination and resilience in a challenging and uncertain economic environment. To maintain a healthy asset finance market, industry players have tackled these economic obstacles head-on, identifying opportunities and focusing on a sustainable asset finance industry. That’s the message from a unique study of the UK’s asset finance industry which reveals how the sector, even when facing economic adversity and challenging climate change initiatives, remains a valued and vital financing solution for UK SMEs.

EQT drops buyout offer for Alfa

Investment firm EQT said on Friday that it did not plan to make a buyout offer for Alfa Financial Software, which provides software for the asset finance industry. In June, EQT proposed to buy Alfa Financial Software for £614.4 million (US$786.06 million) or 208 pence per share, with the proposal also giving shareholders the option to elect for a partial unlisted share alternative offer.

EQT drops buyout offer for Alfa

Jul 10, 2023

Investment firm EQT said on Friday that it did not plan to make a buyout offer for Alfa Financial Software, which provides software for the asset finance industry. In June, EQT proposed to buy Alfa Financial Software for £614.4 million (US$786.06 million) or 208 pence per share, with the proposal also giving shareholders the option to elect for a partial unlisted share alternative offer.

Alfa shares insights on SaaS and cloud services

Alfa, provider of Alfa Systems, has published a new paper on SaaS and cloud services. Cloud Services: Finding Success with SaaS discusses the different deployment models available, the factors technology teams should consider when making deployment decisions, and the consequent evolution of cloud deployment models.

Alfa shares insights on SaaS and cloud services

Jun 26, 2023

Alfa, provider of Alfa Systems, has published a new paper on SaaS and cloud services. Cloud Services: Finding Success with SaaS discusses the different deployment models available, the factors technology teams should consider when making deployment decisions, and the consequent evolution of cloud deployment models.

Alfa discloses $773 million buyout offer from EQT

Alfa Financial Software said on Friday it had received a number of unsolicited buyout proposals from investment firm EQT, with the latest offer at 208 pence in cash, valuing the company at 614.6 million pounds ($772.86 million).

Alfa discloses $773 million buyout offer from EQT

Jun 13, 2023

Alfa Financial Software said on Friday it had received a number of unsolicited buyout proposals from investment firm EQT, with the latest offer at 208 pence in cash, valuing the company at 614.6 million pounds ($772.86 million).

Alfa reports revenue growth in Q1 2023

Alfa Financial Software has reported excellent revenue growth across all revenue streams in the first quarter of the year, with total revenue hitting £27.0m, up more than 20% on the same period last year (2022: £22.5m). The company noted that the revenue performance in Q1 is tracking ahead of Alfa's expectations by approximately £1m. Most of that increase will benefit operating profit performance.

Alfa reports revenue growth in Q1 2023

May 04, 2023

Alfa Financial Software has reported excellent revenue growth across all revenue streams in the first quarter of the year, with total revenue hitting £27.0m, up more than 20% on the same period last year (2022: £22.5m). The company noted that the revenue performance in Q1 is tracking ahead of Alfa's expectations by approximately £1m. Most of that increase will benefit operating profit performance.

Alfa reports strong financial and operational performance in 2022

Alfa Financial Software has reported a strong financial and operational performance with a record software delivery in its 2022 full-year results, with revenue up 12% to £93.3m and operating profit up 20% to £29.6m.

Alfa reports strong financial and operational performance in 2022

Mar 02, 2023

Alfa Financial Software has reported a strong financial and operational performance with a record software delivery in its 2022 full-year results, with revenue up 12% to £93.3m and operating profit up 20% to £29.6m.

Alfa reports strong Q4 with full-year expectations raised

Alfa Financial Software Holdings PLC (Alfa), developer of mission-critical software for the asset finance industry, has provided a pre-close trading update for the twelve months ended 31 December 2022. Alfa has continued to perform strongly in the fourth quarter with strong revenue generation across all business streams.

Alfa reports strong Q4 with full-year expectations raised

Jan 13, 2023

Alfa Financial Software Holdings PLC (Alfa), developer of mission-critical software for the asset finance industry, has provided a pre-close trading update for the twelve months ended 31 December 2022. Alfa has continued to perform strongly in the fourth quarter with strong revenue generation across all business streams.

Asset Finance Europe 50 2022 - delivering growth in a challenging market

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the asset finance industry continued to navigate the challenges and knock-on effects of the Covid pandemic.

Asset Finance Europe 50 2022 - delivering growth in a challenging market

Dec 20, 2022

The annual ranking of Europe’s leading asset finance providers reveals today the leasing companies that delivered industry growth during a year in which the asset finance industry continued to navigate the challenges and knock-on effects of the Covid pandemic.

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