annual financial results
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Car Dealer News 19 AugHatfields Group delivers record profits and revenue in 2018
Hatfields Group has published details of record profitability in a set of 2018 annual financial results which revealed a 7% increase in turnover and 17% growth in profit before tax.
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Car Dealer News 7 AugFord retailer Pertwee & Back posts loss amid reduced fleet focus
Ford franchisee Pertwee & Back has suffered a 43.4% decline in turnover as it slipped into loss following a decision to improve profitability by placing a “greater emphasis on higher margin retail sales”.
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News 23 JulMotorpoint predicts reduced half-year profits amid margin pressures
Motorpoint Group has predicted reduced half-year profits ahead of its annual general meeting this morning.
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Car Dealer News 9 JulBorder Cars faces uncertain future amid ‘financial difficulty’
Border Cars has contacted its 200 employees to warn them that the business faces an uncertain future amid “financial difficulty”.
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Car Dealer News 17 JunHR Owen delivers four-fold pre-tax profit growth in three years
HR Owen’s annual financial results for 2018/19 have revealed that the London-based supercar and luxury car retailer has delivered a four-fold increase in pre-tax profits in the three years since its acquisition by the Malaysian Berjaya Group.
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Car Dealer News 12 JunPendragon seeks ‘self-help opportunities’ after significant loss predictions
Pendragon needs to refocus its Car Store used car supermarket strategy as it seeks out “self-help opportunities” in light of an operational business review which predicted that the group would make a significant loss in H1, 2019.
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News 11 JunCartime targets £100m sales after 28.7% turnover growth in 2018
Cartime is targeting a £100 million turnover by 2021 after celebrating a set of annual financial results which revealed a 28.7% rise in revenues and 27% increase in pre-tax profits in 2018.
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News 11 JunMotorpoint delivers 6.8% turnover growth ahead of expansion
Motorpoint delivered 6.8% turnover growth and 10% growth in profit before taxation and exceptional items in its 2018 annual financial results.
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Supplier News 6 JunAuto Trader’s annual turnover rose 8% to £355.1 million in 2018
Auto Trader’s annual turnover rose 8% to £355.1 million in 2018 as its grew its average profit per retailer forecourt by 9% to £1,844.
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News 4 JunFast-expanding Motordepot records 25% turnover growth
Fast-expanding Motordepot has revealed a 35% increase in turnover and 16% growth in pre-tax profits in a financial period which saw the independent retailer open three used car supermarkets.
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Car Dealer News 3 JunCaffyns blames WLTP effect for 3.1% decline in 2018 turnover
Caffyns has blamed a 3.1% decline in turnover in its 2018 financial results on WLTP’s impact on the supply of vehicles from certain car manufacturer brands - with Audi “significantly constrained” by the new regime.
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Car Dealer News 31 MayLookers reports ‘continued strong momentum’ in AGM trading update
Lookers has reported growing turnover and profitability across new and used car sales and its aftersales operations in a trading update announced at its AGM today.
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Manufacturer 20 MayJLR posts £358m pre-tax loss despite Q4 return to profit
Jaguar Land Rover (JLR) posted a £358 million loss in its latest set of annual financial results – despite returning to profitability in Q4.
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Car Dealer News 20 MayJCT600 annual results reveal record £1.28 billion turnover
JCT600 is celebrating a record set of annual financial results for 2018 after the car retail group’s turnover rose 2% to £1.28 billion and profits held flat in what was described as a “challenging year”.
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Car Dealer News 17 MayCambria opens new Aston Martin showroom in Hatfield (gallery)
Cambria Automobiles has opened the doors to its new Aston Martin dealership in Hatfield to complete its relocation from a temporary showroom at Welwyn.
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Car Dealer News 8 MayVertu Motors’ 16.8% profit decline a ‘credible’ result in uncertain economy
Vertu Motors’ chairman Peter Jones described the AM100 franchised car retail group's 2018 financial performance as “a credible result” despite a 16.8% decline in profit before tax.
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Car Dealer News 2 MaySwansway Motor Group reports 35% profit rise in 2018
Swansway Motor Group has reported a 35% increase in its profit before tax in its annual financial results for 2018 – despite a decline in turnover.
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News 9 Apr
Motorpoint anticipates 6% turnover growth in annual results
Motorpoint Group has said that it expects to report a 6% increase in revenues and a 10% increase in underlying profit before tax in its forthcoming annual financial results to March 31, 2019.
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News 1 AprTrade Centre Group's record results show 44% turnover growth in 2018
The Trade Centre Group has published a record set of annual results detailing a 44% rise in turnover to over £250m and record profits during a year of expansion in 2018.
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Car Dealer News 13 MarMarshall talks acquisitions despite 2% turnover decline in 2018
Marshall chief executive Daksh Gupta said that the group is well-placed to make “another Ridgeway-style acquisition” as he highlighted a strong balance sheet amid 2018 financial results which revealed a 2% decline in turnover.
