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Lloyd Motor Group turnover and profit at record high

LloydMotorGrouplogo

Cumbrian dealer Lloyd Group achieved record turnover and profit in 2015, with the latter up 28%.

Turnover was £380.4 million with the previous high seen in 2014 at £323.3m (17.7%) for the Carlisle based business.

Profit before tax was £8.3m. In 2014 it was £6.5m (27.7%).

Return on sale went from 2.01% to 2.19% in the period. Staff numbers have increased from 701 to 766.

In July 2015 Lloyd bought the BMW/Mini Bateman of Lindale dealership.

Lloyd Motors is the largest prestige motor group covering Cumbria, North Lancashire and the south of Scotland.

The family-run business is approved dealers for BMW, Honda, Jaguar, Land Rover, Mini and Volvo.

The group also has five accident repair centres, corporate sales capability and a Honda bike centre.

lloydmotorgroupfinancials2015

> More on Lloyd Motor Group on AMi (free to dealers)

In November AM will publish its AM100 update acknowledging the latest financial performance of the UK's top franchised dealer groups.

 

 



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