Investor Update: S&U turns in strong performance despite weak car market
Headlines from the Proactive UK newsroom.
Niche lender S&U (LON:SUS) says its Advantage car finance business is seeing good transaction levels despite the downturn in the new car market.
Staff vetter ClearStar (LON:CLSU) has reported a key milestone for its Medical Information Services with monthly sales exceeding US$1mln for the first time. MIS sales in July were up 37% year-on-year.
Iraqi Kurdistan oil company Genel Energy (LON:GENL) is to resume a US$10mln share buyback programme to help rectify what it says is a significant undervaluation of its share price. The company says utilising its balance sheet to repurchase shares represents a value accretive use of its cash resources.
Housebuilder Bellway (LON:BWY) says demand is strong but lower house price inflation is having an impact. Revenues rose by more than 8% to £3.2bn in the year to July.
Quick facts: S & U PLC
Market Cap: £247.28 m
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