Report

S&U - Advantage growth resumes

The H120 results confirmed encouraging trends at Advantage motor finance with a resumption of growth in new transactions and an increase in receivables following a contraction in H219. Early indicators continue to show that the tightening of credit criteria is beginning to take effect with the potential for further benefits in future periods. While muted liquidity in the property market is affecting the small Aspen property bridging business there is still a good opportunity for it to make a useful contribution to growth on a medium-term view.
Underlying
S&U PLC

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

Provider
Edison Investment Research
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
Pedro Fonseca

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