The typical 52-month original term of S&U's Advantage motor finance loans means that it takes time for the benefit of tighter credit criteria to flow through fully and there is also a time lag before a revival in loan growth is reflected in earnings; however, both are now in prospect. Aspen property bridging is also at a point where growth may accelerate, subject to market conditions. Taken together, we estimate this could allow the group to regain revenue and profit levels approaching those of FY20 by FY23.Den vollständigen Artikel lesen ...
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