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Reg Vardy expects strong interim results

Reg Vardy has issued a pre-close update in advance of its interim results for the six months ended October 31 2005, which will be announced in January 2006.

The group said it has performed strongly in both new and used retail vehicle sales in the financial year to date. Reg Vardy said performance was in line with expectations from the dealerships opened or acquired by the group within the last three years.

Reg Vardy said it was expecting a strong outcome from trading for the first six months of the financial year and remained confident of a satisfactory outcome for the current financial year as a whole.

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