Busy roads27 Aug 2020 20:11
Roads are busier and will only get busier as people return to work. More cars on road equals more breakdowns.... People who don't have breakdown cover will now be snapping up policies. A decent percentage of that will be AA products which often inclusive with other covers. Cheaper isn't usually better when it comes to breakdown cover, people will air on the side of caution taking out more comprehensive policies thus AA should see a strong increase in sales . Whilst there is debt, there is a great opportunity for a AA to increase market share and reduce debt. Furthermore AA are luckily in a situation where they will not have to make major changes to their infustructure or procedures due to the covid situation, which in turn should help keep costs down. Investors are watching this very closely, takeover or not this is a unique opportunity to for the company to make some serious profits. Fingers crossed all!