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Viewing results 1-25 of 123


Proactive news snapshot: Savannah Resources, ClearStar, IronRidge Resources...

A glance at some of the day's highlights from the Proactive Investors newswire...

1 week, 2 days ago

S&U shrugs off weak car market and subdued housing market to deliver strong trading

"Trading in the first half of the year reflects continued and consistent growth in profitability which has been the S&U hallmark over the past 10 years," said S&U chairman Anthony Coombs ...

1 week, 2 days ago

S & U encouraged by recent trends

Advantage's continuing policy of focussing on debt quality is proving its worth in light of current economic uncertainty...

on 23/5/19

Rising demand for second-hand cars bodes well for S&U, says City broker

Unlike new car sales, sales of used cars have “grown consistently” since 2009, and are projected to continue rising until at least 2023...

on 16/5/19

S&U upgraded to ‘buy’ by Peel Hunt after reporting another year of record profit

The City broker expects Peel Hunt to generate record profits again in the current financial year...

on 26/3/19

S & U revs higher after better-than-expected results

The year just ended saw a pause in transactions growth at 21,053, down 14% year-on-year. The reasons for this "are sensible and soundly based", said the company's chairman, Anthony Coombs...

on 26/3/19

S & U continues to steer core motor finance arm to record profits despite tough UK market

"Over the past 25 years, S&U has consistently demonstrated its ability to adapt to the kinds of economic and political uncertainty we all currently face," said chief executive Anthony Coombs. ...

on 12/3/19

S & U sets new record for monthly collections in January

Used car values and volumes, including those of modern diesel vehicles, continue to outperform the new market both in the franchise dealer and independent retailer sectors...

on 6/2/19

S & U well-placed to benefit from upturn in the used car market

Trends within the business have seen the group become more cash generative...

on 7/12/18

S & U to ramp-up the size of the loan book at Aspen Bridging subsidiary

"We are now in a great position to build the business and to take advantage of the substantial opportunities we are seeing in the property bridging market," the company said...

on 19/11/18

S & U says demand for its products remains strong

The consumer and economic climate remains challenging, prompting S & U to take measures to maintain the quality of its loan book; nevertheless, the number of customers on the car loans arm's books rose to a record 58,000 at the end of July from 49,000 a year earlier...

on 25/9/18

S & U continues to deliver despite slowdown in new car sales

Advantage Finance motor division continues to receive more than 80,000 applications for loans a month and customer numbers now stand at a record 58,000...

on 25/9/18

S & U says bridging finance arm is now profitable

The new car market is slowing down but S & U's Advantage Finance serves the used car market which, according to recent Finance and Leasing Association data, has been growing by 12% year on year...

on 3/8/18

S & U powers on despite slowing UK economy

Demand for the group's products and the quality of our businesses is reflected in a further £8.5mln investment in the first quarter, taking group borrowing to £113.5mln...

on 18/5/18

S&U says used car market strong as profits hit new record

Unlike new cars, where sales have tailed off recently, demand for used cars rose by 6% in volume terms and by 12% by value in 2017...

on 27/3/18

S & U lifts dividend as motor finance arm delivers record year

S & U said its trading remains strong and in line with expectations...

on 9/2/18

Demand for S & U's products remains ‘very robust’

Not for the first time, S & U chairman Anthony Coombs was questioning whether forecasts of a slowing economy are on the money...

on 7/12/17