With macroeconomic clouds gathering, it is not surprising that a small specialist non-bank lender such as S&U has been derated. However, the main business has a long track record and the group is managed in a conservative way focusing on customers, targeting sustainable long-term growth and employing relatively low gearing.
29 Sep 2022
S&U - Experienced specialist lender performs well
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S&U - Experienced specialist lender performs well
S&U plc (SUS:LON) | 1,835 734 2.2% | Mkt Cap: 223.0m
- Published:
29 Sep 2022 -
Author:
Andrew Mitchell -
Pages:
9
With macroeconomic clouds gathering, it is not surprising that a small specialist non-bank lender such as S&U has been derated. However, the main business has a long track record and the group is managed in a conservative way focusing on customers, targeting sustainable long-term growth and employing relatively low gearing.