financial results
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Supplier News 29 Nov
BCA Marketplace interim results ‘exceed expectations'
BCA Marketplace has “exceeded expectations” with a set of interim results which revealed an increase in UK remarketing revenues of 23.5% during the sixth month period to September 30.
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Latest News 29 Nov
Motorpoint interim results show 9.4% revenue growth
Motorpoint’s latest interim financial results have shown that the used car supermarket group generated 9.4% revenue growth in the six months to September 30.
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Car Dealer News 21 Nov
Cambria reports 19.3% profit decline amid Luxury car franchise restructure
Cambria Automobiles has recorded a 2.2% decline in revenues and 19.7% drop in profit before tax as an overhaul of its franchise representation led to “significant disruption” in its financial year to August 31.
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Manufacturer 15 Nov
Aston Martin shows 899% profit increase in Q3 financial results
Aston Martin has reported an 899% year-on-year increase in profits during Q3 as it doubled production output in its first set of financial results since its IPO last month.
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Car Dealer News 14 Nov
Marshall now more upbeat about expected 2018 trading result
Marshall Motor Holdings said its full year 2018 profits are still expected to beat its record last year, despite the industry issues caused by WLTP.
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Supplier News 13 Nov
Auto Trader half-year financial results show earnings per retailer rose 9.1%
Auto Trader has reported a 7% increase in revenues and a 10% rise in operating profits in its half-year financial results for the six months to September 30.
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Car Dealer News 8 Nov
Lookers highlights used car and aftersales growth in trading update
Lookers has reported growth in its used car and aftersales operations as new car volumes and turnover declined in-line with the market during the period to September 30.
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Car Dealer News 26 Oct
Pendragon revenues decline 7.2% in Q3 amid WLTP market disruption
Pendragon has projected full-year financial results delivering a further 17.2% decline in underlying profit before tax in an interim management statement revealing declines in turnover and profit during Q3.
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Car Dealer News 22 Oct
Vantage Motor Group returns to profitability
Vantage Motor Group has reported a return to profitability in its annual financial results following the sale of ‘unprofitable businesses’.
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Car Dealer News 19 Oct
Share prices fall in response to Pendragon profit warning
Pendragon share prices fell by over 21% as markets opened this morning as the AM100 franchise car retailer issued a fresh profit warning.
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Car Dealer News 15 Oct
Peoples' chairman Brian Gilda warns of Brexit ‘Armageddon’ in automotive
Peoples' chairman Brian Gilda has warned of Brexit “Armageddon” for the UK’s automotive sector after the Scottish retail group negotiated “fierce competition and diminishing volumes” to realise a £274.4 million turnover.
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Car Dealer News 11 Oct
Sytner Group profits dip 9.3% despite record turnover in 2017
Sytner Group recorded a 9.3% decline in profit before tax as it generated a record turnover during 2017, annual financial results have revealed.
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Car Dealer News 11 Oct
Marshall Motor Holdings focuses on ‘strong balance sheet’
Marshall Motor Holdings has expressed its aim of focusing on its “strong balance sheet” in a trading update issued in response to the introduction of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
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Car Dealer News 10 Oct
Vertu Motors 'ultra conservative' approach underpins acquisitive outlook
Vertu chief executive Robert Forrester has said that the business is actively looking for new investments after putting in place further measures to further strengthen its “ultra conservative” balance sheet.
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Car Dealer News 9 Oct
Franchised car dealers miss out on Times Top Track 250 2018
Franchised car dealerships failed to make the grade in The Sunday Times Grant Thornton Top Track 250 league table as it ranked Britain’s private mid-market growth firms by latest sales.
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Car Dealer News 5 Oct
Car supermarket Motorpoint says revenues are up and margins flat
Motorpoint, the UK's largest independent car dealer, expects to report rising revenues and flat margins from trading in the first half of its financial year.
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Car Dealer News 24 Sep
Arnold Clark to ‘adapt and embrace the opportunities’ after 2017 profit decline
Arnold Clark grew its used car sales volumes by 10.3% to contribute towards a 7.3% rise in turnover but suffered a 15% decline in profit before tax during its financial year to December 31, 2017.
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Car Dealer News 17 Sep
Perrys Group cites ‘cost pressures’ as pre-tax profits fall 65.7%
Perrys Group has blamed cost pressures including the apprenticeship levy, pension costs and a higher minimum wage for a set of 2017 annual financial results which showed a 65.7% decline in profit before tax.
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Car Dealer News 4 Sep
Cambria pares back Fiat, Alfa Romeo and Jeep as car sales and profits drop
Trading and profits have dipped at Cambria Automobiles due to a drop in new car performance, but its exit from Fiat Group brands will make it stronger
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Car Dealer News 30 Aug
Arbury Group delivers 8% turnover growth despite declining new car sales
Arbury Group has reported 8% growth in its annual turnover and a 5% increase in pre-tax profits in its financial results to December 31, 2017.