S & U sells home credit business
Shares in car finance specialist S & U motored higher after it announced plans to sell its doorstep lending division.
Company
LON:SUS
S&U PLC is the UK's foremost specialist motor finance & bridging lender. The company has provided credit services since 1938 and has been listed on the London Stock Exchange since 1961. Since this time, it has delivered consistent and sustainable profit growth and its seasoned management team has an unparalleled understanding of how to deliver value to all of its stakeholders, from customers through to investors.
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Shares in car finance specialist S & U motored higher after it announced plans to sell its doorstep lending division.
Niche lender S & U had a strong 2016, laying to rest any fears of disruption to the business following the Brexit vote