LONDON (ShareCast) - Consumer credit and motor finance provider S & U performed well today as it reported that current trading levels are promising and above budget.
“Although impairment levels have risen over the last year, we remain confident as to the group full year results,” the group said at its AGM Friday.
In addition, chairman Derek Coombs will retire at the AGM in a year’s time.
The company said a replacement would be announced in due course.