Paragon Group Plc announced today that it would be meeting with analysts ahead of its close period for the year ending 30th September 2006. The group released an update on its trading position ahead of the year end.

The statement said that Board expected “results for the year to 30 September 2006 to be in line with market expectations.” It was also said that trading activity had remained strong throughout the second half so that lending volumes for the whole year are expected to be 70% higher than in the previous year.

The Paragon Board of Directors are to announce the preliminary results for the year ending 30 September 2006 on 22nd November, and will also issue a full report on the progress of the Group.