The year to the end of January 2022 saw S&U PLC (LSE:SUS) produce a “stunning comeback”, racking up the highest earnings per share in the company’s 80-year history.
Having been around for so long, the company has seen its fair share of harsh economic times and knows how to respond to them, executive chair Anthony Coombs told Proactive.
It has been conservative in its underwriting, which means that as bad debts did not turn out to be as high as it budgeted for, profits have been higher than expected.