Following the disposal of the Home Credit division, S&U is focussed on its automotive credit business, Advantage, which provides hire purchase motor finance to consumers via motor dealers and finance brokers. This business has achieved compound annual revenue growth of 27% over the past three years and grew profits by 46% in FY15. The disposal proceeds will allow the group to accelerate investment in this business and build on superior returns and growth rates.
22 Sep 2015
H116 earnings +32%; Advantage S&U!
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H116 earnings +32%; Advantage S&U!
S&U plc (SUS:LON) | 1,835 0 0.0% | Mkt Cap: 223.0m
- Published:
22 Sep 2015 -
Author:
Ben Thefaut -
Pages:
4
Following the disposal of the Home Credit division, S&U is focussed on its automotive credit business, Advantage, which provides hire purchase motor finance to consumers via motor dealers and finance brokers. This business has achieved compound annual revenue growth of 27% over the past three years and grew profits by 46% in FY15. The disposal proceeds will allow the group to accelerate investment in this business and build on superior returns and growth rates.