Following last year’s profitable sale of its stable but relatively low-growth home credit activity, S&U is now focused on its well-established and fast-growing motor finance business, Advantage. It is also looking for opportunities to invest in a new business, but will not do so unless the right opportunity appears. In the meantime, Advantage continues to make strong progress and S&U appears cautiously valued.
20 May 2016
Strong growth, strong balance sheet
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Strong growth, strong balance sheet
S&U plc (SUS:LON) | 1,878 0 0.0% | Mkt Cap: 228.1m
- Published:
20 May 2016 -
Author:
Andrew Mitchell -
Pages:
8
Following last year’s profitable sale of its stable but relatively low-growth home credit activity, S&U is now focused on its well-established and fast-growing motor finance business, Advantage. It is also looking for opportunities to invest in a new business, but will not do so unless the right opportunity appears. In the meantime, Advantage continues to make strong progress and S&U appears cautiously valued.