This week's trading update from S & U confirmed the trends highlighted in December. The market for its core Advantage non-prime motor finance business remains positive notwithstanding UK economic uncertainty and greater competition. Since the November 2018 decision to increase investment in the bridging business, Aspen Bridging Finance's experience has been positive. This fledgling business is set to contribute to earnings in the year to January 2019. We reflected the slower pace of Advantage lo ....
07 Feb 2019
S&U Update Note - Positive Trading Update
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S&U Update Note - Positive Trading Update
S&U plc (SUS:LON) | 1,868 0 0.0% | Mkt Cap: 226.9m
- Published:
07 Feb 2019 -
Author:
Capital Access Team -
Pages:
6
This week's trading update from S & U confirmed the trends highlighted in December. The market for its core Advantage non-prime motor finance business remains positive notwithstanding UK economic uncertainty and greater competition. Since the November 2018 decision to increase investment in the bridging business, Aspen Bridging Finance's experience has been positive. This fledgling business is set to contribute to earnings in the year to January 2019. We reflected the slower pace of Advantage lo ....