The AGM update highlights Advantage Finance performing well and the Group tracking in line with our forecast 18% earnings growth for FY18. The meaningful uplift in new loan transactions in the year to date will support the inherent “momentum in the system” from loan activity in recent years which will drive growth in FY18 & FY19. Whilst the shares have been impacted by negative sentiment on the car financing market, we are confident the group can fine tune its product into cha
18 May 2017
AGM trading update – forecasts unchanged
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AGM trading update – forecasts unchanged
S&U plc (SUS:LON) | 1,888 -943.8 (-2.6%) | Mkt Cap: 229.3m
- Published:
18 May 2017 -
Author:
Ben Thefaut -
Pages:
5
The AGM update highlights Advantage Finance performing well and the Group tracking in line with our forecast 18% earnings growth for FY18. The meaningful uplift in new loan transactions in the year to date will support the inherent “momentum in the system” from loan activity in recent years which will drive growth in FY18 & FY19. Whilst the shares have been impacted by negative sentiment on the car financing market, we are confident the group can fine tune its product into cha