Vospers reports fall in profits

Vospers, the multi-franchised dealer in the South West, saw a slip in profits in its last full financial year.

Its 2015 results, now on Companies House, show profit before tax went from £3.18 million to £3.06m.

This was on a turnover up from £231.2m to £232.2m in the same period. The figure put Vospers at number 61 in the spring AM100.

Its return on sale figure dropped from 1.38% to 1.32% and return on capital employed, 8.5% to 6.1%.

With dealerships in Devon and Cornwall, Vospers has new car franchises for Ford, Peugeot, Renault, Dacia, Nissan, Fiat, Mazda, Jeep, Alfa Romeo and Abarth.

• Detailed Vospers’ accounts and franchise information on AMi (free to dealers)
• AM will be publishing the autumn update to the AM100, the countdown of the biggest UK dealer groups by turnover in November.