Pendragon continues to motor with healthy Q1 results
Pendragon, the Nottingham-based car retailer, has posted "strong" results for three months to 31 March.
Overall in the first quarter of 2017, underlying profit before tax increased by 17.6%, whilst revenue grew by 10.4% on a like-for-like basis with used revenue growth accelerating to 23.3%.
Trevor Finn, chief executive, said: "Pendragon has made a strong start to 2017 with significant growth in our key market areas of aftersales and used.
"Our revenue growth in the used vehicle sector was over 23%, which is significantly ahe... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
