annual financial results
-
Car Dealer News 20 OctPeoples Ford boss ‘delighted’ by COVID-19 resilience in 2019/20 results
Peoples Ford chairman Brian Gilda has said that he is “delighted” with the outcome of a 2019/2020 annual results period which included the took the full impact of COVID-19 lockdown.
-
Dealer profiles 19 OctSnows Motor Group CEO Stephen Snow on becoming 'leaner and more efficient'
When Snows Motor Group completed a restructure of its leadership team at the turn of the year its new leaders had no idea they would soon be called upon to fast-track a transformation of the business.
-
Acquisitions and deals 19 OctCitygate Automotive acquires Lookers’ West London Škoda car dealership
Citygate Automotive has completed the acquisition of Lookers’ West London Škoda dealership for an undisclosed sum.
-
Opinion 16 OctLookers to publish 2019 results in November after 13.6% Q3 cars sales growth
Lookers has reported that trading in Q3 resulted in underlying PBT “significantly ahead of last year” to largely offset losses recorded in a COVID-19 impacted first half of 2020.
-
Car Dealer News 14 OctSytner Group reports 36.6% decline in 2019 pre-tax profits
Sytner Group has reported a 1% decline in revenues and 36.6% decline in pre-tax profits in its 2019 annual financial results.
-
Car Dealer News 9 OctEastern Holdings reports turnover and profit growth in 2019 results
Eastern Western Motor Company parent company Easter Holdings has reported a 10.1% increase in turnover and pre-tax profits up 15.1% in the car retail group’s 2019 annual financial results.
-
Car Dealer News 8 OctTrustFord celebrates ‘stunning’ Q3 COVID-19 comeback
TrustFord preparing for new store concept and aftersales openings after celebrating “stunning performance” to carry momentum from its COVID-19 comeback in Q3.
-
Car Dealer News 7 Oct‘Too early to speculate’ about market floatation, says Cazoo founder
Cazoo founder Alex Chesterman told AM that it is “too early to speculate” about a possible market floatation of the online car retail business, following publication of its 2019 annual financial results.
-
Car Dealer News 6 OctShelbourne Motors celebrates 20.5% increase in 2019 pre-tax profits
Shelbourne Motors has marked the first anniversary of the opening of its £5 million multi-brand car dealership in Newry with a 20.5% increase in pre-tax profits in its 2019 annual financial results.
-
Car Dealer News 1 OctListers Group’s 2019 financial results reveal 41.3% profit decline
Listers Group has revealed a 41.3% decline in profit before tax as turnover declined by 1.9% in its annual financial results report for 2019.
-
Car Dealer News 30 SepArbury Motors Group celebrates Sunday Times PwC Top Track 250 debut
Arbury Motor Group, Car Giant, Riverside Motor Group and Tom Hartley Jnr have all been included among the Sunday Times PwC Top Track 250 rankings of Britain’s leading mid-market private companies.
-
Car Dealer News 15 SepSwansway's annual pre-tax profits declined 42% amid 2019 ‘restructure’
Swansway Motor Group has reported a 42% decline in pre-tax profits in its 2019 annual financial results after completing a restructure in which it “eradicated” its loss-making car dealerships.
-
Car Dealer News 17 JulCaffyns reports 5.4% revenue decline in 2020 financial results
COVID-19 and the EU’s new RDE CO2 emission regulations were cited as the “key events” which resulted in a 5.4% decline in revenues in the car retail group’s 2020 annual financial results.
-
Car Dealer News 1 Jul
Lookers share trading suspended after fraud probe delays 2019 results
Lookers has requested that the listing of its ordinary shares be temporarily suspended, pending publication of its 2019 annual financial results.
-
Car Dealer News 29 Jun
Lookers fraud probe reveals £19m accounts ‘black hole’ amassed over several years
The investigation into fraud at Lookers has exposed a £19 million ‘black hole’ resulting from overstated supplier bonuses, fraudulent expenses claims and the inconsistent application of policies, processes and accounting standards.
-
Supplier News 25 JunAuto Trader vows to repay Government furlough funding in 2020 results
Auto Trader has vowed to repay the funding its accessed through the Government’s Coronavirus Job Retention Scheme (CJRS) in its annual financial results for 2019/20.
-
Manufacturer 16 JunJLR could axe a further 1,100 jobs as losses grow
Jaguar Land Rover (JLR) is expected to axe a further 1,100 contracted worker jobs from its UK factory floors following the impact of COVID-19 on manufacturing and global sales.
-
Car Dealer News 8 Jun
Lookers annual results delay to trigger share trading suspension
Lookers expects to be hit by a temporary suspension of shares trading after conceding that its 2019 annual financial results will not be published in time for the Financial Conduct Authority’s (FCA) June 30 deadline.
-
Car Dealer News 3 JunVertu Motors announces acquisition intention in 2019 financial results
Vertu Motors declared an intention to add new manufacturer partners as it grows through acquisition in a 2019 results statement following its first two days of showroom trading since the COVID-19 lockdown.
-
Manufacturer 28 MayNissan restructure follows 2019's worst financial results in 11 years
Nissan is set to close its Barcelona plant as it consolidates its European manufacturing operations in Sunderland as part of cost-saving measures designed to achieve a 5% profit margin within four years.
