logo-loader

Full interview: S&U PLC delivers 'reassuring' first half performance with profit up 3%

Published: 21:37 27 Sep 2019 AEST

S&U PLC's (LON:SUS) chairman Anthony Coombs tells Proactive London's Andrew Scott the business turned in a 'reassuring' first half performance given the general economic background.

Profits rose by 3% to £17.1mln on sales 7% higher at £47.7mln.

''This year's about meeting targets rather than pushing forward hugely in the way that we have done in the past with profits growth ... but we're confident that in a year of transition that these results show our resilience''.

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