Corporate News

S & U Annual Profit Grows - Quick Facts

S&U Plc (SUS.L), Britain's foremost niche home credit and motor finance provider, posted 16% higher preliminary pre-tax profit of 14.23 million pounds for the full year, versus 12.22 million pounds a year ago. Profit attributable to equity holders totaled 10.88 million pounds this year, compared with 8.94 million pounds in 2012.

Full-year earnings per share stood at 91.5 pence, an improvement from 75.1 pence in the prior-year period.

The firm clocked revenues of 55.0 million pounds, up 6% from last year's 51.92 million pounds.

Further, the board proposed to recommend a final dividend of 20 pence per share, payable on July 12, 2013 to ordinary shareholders on the register on June 21, 2013.

by RTTNews Staff Writer

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