S&U PLC Reports 32% Profit Increase and Reduced Impairments, Advantage Recovers
S&U PLC (LSE:SUS) reported a 32% increase in group profits and a more than halved impairment charge. The company's motor finance arm, Advantage, has shown significant recovery with improved lending volumes and credit quality. Aspen Bridging also achieved record profits of £8.8 million.
Topics: Bridging Loans Financial Recovery Impairment Charges Motor Finance Profit Growth