Hendy Group has claimed the Solent Business Awards’ Company of the Year accolade after judges recognised its profitability, innovation, employment growth and a “near-doubling” of its turnover in 2019.
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.
Pendragon’s new leadership team is conducting review of the car retail group’s operational and financial prospects as an interim management statement revealed Q1 pre-taxes losses which were ‘lower than expected’.
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.
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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