Lookers bucks national dip in new car sales
Manchester-based car retail group Lookers has overcome a 1.3% decline in the UK new cars market to 1.4 million vehicles to hit record pre-tax profits of more than £50m.
The listed company also increased its revenue by 5% to £2.46bn in the half year to June 30.
Adjusted profit before tax of £50.2m was well up year-on-year compared to £42.6m in the same period last year.
Its figures cover the first reporting period following Lookers’ successful integration of the significant acquisitions made during the second half of 201... 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...
