Edison Investment Research - SU PLC (SUS) SU - Positive trend in quantity and quality of lending

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Edison Investment Research

Andrew Mitchell

S&U - Positive trend in quantity and quality of lending

S&Uâ€™s trading update for the period since its half-year end confirmed that it is trading in line with expectations and our estimates are unchanged. Transactions and receivables outstanding continue to grow even though underwriting criteria have been tightened. Impairment rates have edged up further but should stabilise and reverse as the loan book mix evolves.

08/12/2017 3 EN

Underlying

S&U PLC

S & U is engaged in the provision of consumer credit and car finance throughout the United Kingdom.

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GB0007655037 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Andrew Mitchell

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S&U - Positive trend in quantity and quality of lending

S&U - Regulatory uncertainty holding back recovery

S&U - The time to look ahead

S&U - Timing is everything

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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