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S & U Plc chief says business is “showing accelerated growth”

Anthony Coombs, chairman of S & U Plc (LON:SUS), says the motor finance business Advantage Finance continues to go from “strength to strength” after the division recorded its 16th year of consecutive revenue and profits growth.

The firm reported pre-tax profit for the year to end January was up 22% at £20.4mln (2015:£16.7) while revenue rose 25%.

Coombs adds that this year is “looking very good at the moment” with current trading “showing accelerated growth”.

Quick facts: S & U PLC

Price: 1660 GBX

Market: LSE
Market Cap: £201.4 m

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