Monday, July 31, 2006

Caffyns back in the black

Caffyns, ranked 51 in the Motor Trader Top 200, returned to profit in the first quarter of the year.

The company said it was back in the black after trading unprofitably for the second half of 2005.

It has reconfigured its business following the collapse of MG Rover and all of its former MG Rover sites have now been refranchised bar one. Despite the turnaround Caffyns warned that business conditions remained difficult.

DATED: 31.07.06

FEED: MT





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