S+U pre-tax profits fall in FY24, revenues grow

9th Apr 2024 09:49

(Sharecast News) - Motor finance business S+U said on Tuesday that pre-tax profits had contracted in the year ended 31 January, despite the group's improved revenue performance throughout the period.

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S&U warns on full-year profits

9th Feb 2024 07:38

(Sharecast News) - Specialist motor finance and bridging lender S&U warned on Friday that full-year profits were likely to be below expectations as poor consumer confidence, the cost-of-living crisis and continuing high interest rates take their toll.

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Sunday share tips: Informa, S&U

2nd Apr 2023 23:44

(Sharecast News) - The Sunday Times's Lucy Tobin recommended that investors buy shares of Informa.

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Berenberg lowers target price on S&U

3rd Oct 2022 09:23

(Sharecast News) - Analysts at Berenberg lowered their target price on motor finance and bridging lender S&U from 2,660.0p to 2,180.0p on Monday but said the group had still managed to deliver a "solid" set of results given macro headwinds.

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S&U profits surge in return to more normal trading

29th Mar 2022 09:45

(Sharecast News) - Specialist motor lender S&U reported profit before tax of £47m in its preliminary results on Tuesday, up from £18.1m year-on-year.

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Berenberg starts Funding Circle at 'buy', shares surge

21st Mar 2022 11:34

(Sharecast News) - Funding Circle surged on Monday after Berenberg initiated coverage of the stock at 'buy' as it took a look at specialist lenders.

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S&U FY pre-tax profits seen ahead of consensus expectations

10th Feb 2022 07:41

(Sharecast News) - Motor finance and property bridging lender S&U said on Thursday that full-year pre-tax profits were now set to exceed current consensus expectations.

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S&U confident in first-half performance despite Covid difficulties

10th Aug 2021 07:24

(Sharecast News) - Motor and property finance provider S&U said in an update on Tuesday that it had continued to trade ahead of expectations in terms of profitability, collections and book debt quality in recent months.

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S&U upbeat after transactions improve post-election

11th Feb 2020 10:10

(Sharecast News) - S&U said its prospects were good as the specialist lender reported an improvement in transactions following December's general election.

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S&U steers steady course despite uncertain climate

6th Feb 2019 12:06

(Sharecast News) - S&U remained on track to meet City expectations, the motor finance specialist said on Wednesday, despite an increasingly uncertain political and consumer climate.

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Monday broker round-up

19th Nov 2018 12:13

(Sharecast News) - Sainsbury: Berenberg reiterates buy with a target price of 369p.

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S&U shares rise as it notes strong, in-line trading

10th Feb 2017 14:42

(ShareCast News) - S&U says its trading remained strong and in line with market expectations during the period 8 December, 2016, to 31 January, sparking an almost 4% rise in its shares. It had approved a second interim dividend -- of 28p a share, from 23p -- taking the total to 52p a share, from 43p

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S&U continues growth trajectory as it prepares Aspen launch

8th Dec 2016 16:46

(ShareCast News) - Motor finance and specialist lender S&U announced its trading update for the period from 1 August to 7 December on Thursday, with its Grimsby based specialist car finance provider Advantage Finance continuing to grow to record levels of profitability and customer volume. The Londo

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Director dealings: S&U deputy chair buys ahead of dividend

19th Oct 2016 11:34

(ShareCast News) - Motor finance and specialist lender S&U's deputy chairman Graham Coombs bought £150,000 shares a few days before the cut-off date for its recently increased dividend. Combs bought 150,000 shares at a price of 2,500p to take his personal holdings to 1.58m shares, or 13.2% of the co

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S&U's sale of home-credit division leaves it with £50m for reinvestment

5th Aug 2015 10:46

(ShareCast News) - S&U said the sale of its home-credit division, Loansathome4u, heralds a new era for the company, leaving it with around £50m for investment and returns to shareholders. The finance firm said that proceeds from the £82m transaction - the completion of which was announced on Tuesday

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