annual financial results
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Car Dealer News 12 MayJohnsons Cars reports four-fold profit growth in 2020 financial results
Johnsons Cars has revealed a 14.1% rise in turnover and a 410% rise in profit before tax in a COVID-impacted 2020 annual financial results statement.
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Car Dealer News 4 MayWaylands Automotive financial results reveal 150% profit growth in COVID-hit 2020
Waylands Automotive ensured that the COVID-19 pandemic was no barrier to ongoing growth as it delivered a 4% increase in revenues and 150% rise in pre-tax profits from its network of Volvo dealerships.
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Car Dealer News 29 AprSwansway defies COVID-19 impact with record profits and car sales growth in 2020
Swansway Group has reported record profitability and growth in its car and van sales volumes in annual financial results detailing its performance during a COVID-impacted 2020.
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News 8 AprMotorpoint completed 52% of used car sales online in COVID-hit 2020
Motorpoint has revealed that 52% of its used car sales were completed online during a COVID-hit 2020 trading period.
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Car Dealer News 8 AprLookers sells 44,000 cars in 'Lockdown 3' to finish Q1 ‘ahead of expectations’
Lookers sold over 44,000 new and used cars during a COVID-19 ‘Lockdown 3’ impacted Q1 to finish the period “ahead of expectations”.
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Car Dealer News 24 MarPendragon delivers underlying PBT of £8.2m in COVID-hit year of two halves
Pendragon has reported an underlying profit before tax of £8.2 million in 2020 annual financial results which painted a picture of a COVID-19 impacted year of two halves for the car retail sector.
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Car Dealer News 18 Mar
Lookers PLC to defy analysts with ‘small profit’ in 2020 financial results
Lookers has said that it expects to deliver a “small profit” and reduced debt in its 2020 annual financial results – defying analysts’ loss predictions.
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Supplier News 12 Mar
UK's accounting watchdog opens investigation into Deloitte’s Lookers audit
UK accounting watchdog the Financial Reporting Council (FRC) has opened an investigation into Deloitte audit of Lookers PLC’s financial statements for 2017 and 2018.
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Car Dealer News 9 MarMarshall will ‘consider furlough repayment’, says CEO Daksh Gupta
Marshall Motor Holdings chief executive Daksh Gupta has said that the AM100 PLC will consider repaying Government furlough payments “if we have the opportunity”.
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Car Dealer News 9 MarMarshall CEO Daksh Gupta: 'we must keep our feet on the ground' after outperforming market in 2020
Marshall Motor Holdings reported revenues down by 5.3% to £2.15 billion as pre-tax profits rose 3.7% to £20.4 million in a COVID-19 impacted 2020 car retail market.
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Manufacturer 25 FebAston Martin plots 200% sales growth after 32% dip in COVID-hit 2020
Aston Martin’s new DBX SUV accounted for more than a quarter of the British carmaker’s 2020 sales as volumes declined by 32% in a COVID-impacted 2020.
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Car Dealer News 25 FebLondon Stock Exchange changes Inchcape PLC's listing amid shift away from retail
Inchcape has confirmed that its London Stock Exchange listing has been reclassified to remove reference to retail as it disposed of 13 UK dealership locations as part of a renewed focus on distribution in 2020.
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Car Dealer News 17 FebSteven Eagell Group expects 'more profit' after reporting 14% pre-tax rise
Steven Eagell Group has said that it expects to be even ‘more profitable’ in 2020 after reporting a 14% pre tax profits rise in its 2019 annual financial results.
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Car Dealer News 12 FebCarShop brand goes global as Penske takes 'next step' in online car sales
The CarShop brand is set to go global as Penske Automotive looks to rebrand its US CarSense operation and expand its used car supermarket footprint from 17 to 40 locations by 2023.
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Car Dealer News 13 JanJohn Clark Motor Group expects to report 'significant' 2020 profit growth
John Clark Motor Group has said that it expects to have profitability “significantly ahead” of its pervious year in 2020 after recovering from the COVID-19 coronavirus lockdown of H1 with a “strong trading” performance.
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Car Dealer News 4 JanPeter Vardy to exit Vauxhall franchise and double used car sales
Peter Vardy will go head-to-head the likes of Cazoo and cinch with a rebranded and expanded used car retail division following improved turnover and profitability in its 2019 annual financial results.
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Car Dealer News 24 DecDonnelly Group 2019 financial results reveal £2.66m pre-tax loss
Donnelly Group has revealed a £2.66m pre-tax loss in its annual accounts for 2019 but stated that a rationalisation review of the car retail business had now liberated £8m in annual savings.
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Car Dealer News 9 Dec
Marshall upgrades 2020 profit forecast after outperforming car retail market
Marshall Motor Holdings has upgraded its profit predictions for 2020 after it “significantly outperformed” the car retail market in October and November.
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Car Dealer News 9 Dec
Finance compliance veteran joins as Lookers seeks new CFO
Lookers has appointed Yorkshire Building Society chief financial officer Robin Churchouse as an independent non-executive director and chair of its Audit and Risk Committee, Remuneration and Nomination Committees.
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Car Dealer News 30 NovJohnson Cars targets expansion despite 86.3% 2019 pre-tax profit decline
Johnsons Cars will continue to target growth through acquisitions after posting an 86.3% pre-tax profits decline in its annual financial results for 2019.
