Edison Investment Research - SU PLC (SUS) SU - Adjusting to prevailing conditions

Report

Edison Investment Research

Andrew Mitchell

S&U - Adjusting to prevailing conditions

S&Uâ€™s FY19 results were close to expectations and changes to our prospective numbers are limited. The tightening of motor finance lending criteria and more modest receivables growth are prudent and should help protect prospective profitability at a point where there is considerable macro uncertainty. Small as yet, the property bridging business is developing well and has the potential to augment growth usefully in future.

04/04/2019 13 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 - Adjusting to prevailing conditions

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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