Ferratum Oyj - Inside information

FERRATUM OYJ: Ferratum Group narrows guidance for fiscal year 2017

Ferratum Group narrows guidance for fiscal year 2017

Helsinki,  16 November  2017 -  Ferratum  Oyj  (ISIN: FI4000106299, WKN: A1W9NS)
("Ferratum"  or  the  "Group")  announces  revised  expectations  concerning the
Group's  business  development  and  performance  for  the  fiscal year 2017 and
narrows previously published guidance.



In  view  of  the  Group's  record  financial performance and strong operational
progress  over the past three quarters, published separately today, the Board of
Directors of Ferratum is confident that the Group will now achieve the upper end
of  previously published revenue guidance for fiscal year 2017. Accordingly, the
Board now estimates Group revenue for fiscal year 2017 to range between EUR 215
million  and EUR 225 million, and the Group operating profitability margin (EBIT
margin) to range between 14% and 16%.



Ferratum Oyj bases the given guidance on certain assumptions, including:

  * Consumer credit volumes continue to grow, exceeding the market average,
    based on new customers, continued diversification of consumer lending
    products and growth in new markets
  * Ferratum Business (SME) continues to grow, as market share in the six
    existing markets is small and will increase. Ferratum plans to introduce the
    product in additional markets
  * The Ferratum Mobile Bank has been, and will continue to be, introduced in
    additional countries and will generate new customers, increased customer
    loyalty, cross-selling opportunities, increased deposit volume and
    diversified deposit currencies
  * No material negative changes in the consumer and business credit markets
  * Stable capital market conditions
  * No unexpected significant new regulatory challenges or changes


Disclaimer

All  of the estimates presented herein are based on the Group's current opinion.
The  information presented  above may  include forward-looking statements. These
statements  are not  a guarantee  of the  development of  the Group's  result of
operations  and financial position in the  future, and the Group's actual result
of  operations  and  financial  position  could  differ  significantly  from any
information  expressly or indirectly presented in forward-looking statements due
to  numerous factors.  Investors are  advised to  take a  qualified view  of the
aforementioned statements.



END OF AD-HOC ANNOUNCEMENT







About Ferratum Group:

Ferratum  Group  is  an  international  provider  of  mobile banking and digital
consumer  and small business loans, distributed  and managed by mobile devices.
Founded  in 2005 and headquartered  in Helsinki, Finland,  Ferratum has expanded
rapidly  to 25 countries across Europe, Africa,  South and North America and the
Asia-Pacific region.

As a pioneer in digital and mobile financial services technology, Ferratum is at
the forefront of the digital banking revolution.  Ferratum Mobile Bank, launched
in  2016, is an innovative  mobile banking platform  offering a range of banking
services,  including real time  digital payments and  transfers, within a single
app.   It is currently available in five  European markets.  Led by its founder,
Jorma Jokela, Ferratum has approximately 1.8 million active and former customers
who have been granted one or more loans in the past (as at 30 September 2017).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under
symbol 'FRU.' For more information, visit www.ferratumgroup.com.


Contacts:

 Ferratum Group                   European media enquiries:
 Dr. Clemens Krause, CFO          Edelman.ergo, A Daniel J Edelman Company
 T: +358 40 7248247               Alexander Schmidt | Andreas Martin
 F: +358 20 741 1614              T: +49 69 27 13 89 26
 E: clemens.krause@ferratum.com   E: Alexander.Schmidt@edelmanergo.com
                                  E: Andreas.Martin@edelmanergo.com


 Ferratum Group                   UK media enquiries:
 Paul Wasastjerna                 Smithfield, A Daniel J Edelman Company
 Head of Investor Relations       Alex Simmons | Brett Jacobs
 T: +358 40 7248247               T: +44 20 7903 0669 | +44 20 7903 0675
 F: +358 20 741 1614              E: asimmons@smithfieldgroup.com
 E: paul.wasastjerna@ferratum.com E: bjacobs@smithfieldgroup.com



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