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S & U PLC's Anthony Coombs optimistic and says they're seeing a gradual recovery in business

S & U PLC's (LON:SUS) Anthony Coombs tells Proactive he's encouraged by recent trading trends although the British consumer remains cautious as the coronavirus pandemic continues to impact. He says sales in the Advantage Finance car loan business have recovered from around 40% of normal to nearly 80% and loan applications are at a record high.

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Price: 1625 GBX

LSE:SUS
Market: LSE
Market Cap: £197.17 m
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Car loan demand bouncing back as lockdown eases says S & U chairman Coombs

S & U PLC (LON:SUS) chairman Anthony Coombs tells Proactive that business is starting to pick up again as lockdown restrictions are eased. New loans had dropped by 15% at the Advantage second-hand car operation as people weren’t able to visit showrooms or even get a car delivered, Coombs...

on 9/6/20

2 min read