logo-loader

S & U Plc 'continuing to go from strength to strength'

Last updated: 22:33 05 Apr 2017 AEST, First published: 17:33 05 Apr 2017 AEST

Anthony Coombs, chairman of S & U Plc (LON:SUS) tells Proactive they're very pleased to have achieved 17 successive years of record profits in Advantage Motor Finance.

''It's gone from strength to strength ... they've got a fantastic team there''.

The company revealed a 29% year-on-year increase in profit before tax from continuing operations of £25.2mln, compared to £19.5mln the year before.

New car wobble should help Advantage car loan business, says S&U’s Coombs

Anthony Coombs, chairman of S&U PLC (LON:SUS) told Proactive he expects the used car market to remain strong and underpin another good year for the finance firm. Unlike new cars, the used car finance market grew by 6% in 2017 helping S&U lift profits by 20%. ''Our customers...

on 28/3/18