Go Motor Retailing continues its journey towards financial strength, despite a dip in profits in the last financial year.
Profit before tax was down in 2015, compared to the previous year (following the trend of a number of dealer groups), at £434,000 versus £651,000 (50%).
But for several years, from 2007, the group had suffered losses. It moved into profit in 2012 (PBT: £71,000), made a loss in 2013 of £486,000, before returning into the black in 2014.
Turnover has gone up from £92.4 million to £103.99m 2014-2015.
Return on capital employed was at 8.49% in 2015, up from 5.12%. Return on sale (operating PBT%) went from 0.7% to the current 0.42% year-on-year.
Go Motor Retailing is part of General Motors with eight Vauxhall dealerships in the South East and London, trading as Go Vauxhall.
> More financial data on Go Motor Retailing at AMi (free to dealers)
> AM provides the autumn update to the AM100, based on 2015 figures, in the November issue