Today's AGM statement from S & U supports our view that the Group has built a solid basis from which to deliver further growth in returns, earnings and dividends in the short to medium term. We are encouraged by the rate of growth in monthly applications, customers and collections. All point positively to the Group's position in the market and the nature of its non-prime car finance loan book. The impairment to revenue charge has increased but we believe that this is due to transitional mix chan ....
18 May 2018
S&U Update: Reassuring AGM Statement
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S&U Update: Reassuring AGM Statement
S&U plc (SUS:LON) | 1,835 0 0.0% | Mkt Cap: 223.0m
- Published:
18 May 2018 -
Author:
Capital Access Team -
Pages:
7
Today's AGM statement from S & U supports our view that the Group has built a solid basis from which to deliver further growth in returns, earnings and dividends in the short to medium term. We are encouraged by the rate of growth in monthly applications, customers and collections. All point positively to the Group's position in the market and the nature of its non-prime car finance loan book. The impairment to revenue charge has increased but we believe that this is due to transitional mix chan ....