Tuesday, February 26, 2008
Inchcape reports record profits
Group eyes further expansion following sixth record year
Inchcape beat market forecasts with a 9.9 per cent rise in profits in 2007 – the group’s sixth consecutive year of record results.
Profit before tax and exceptional items rose to £235.1m in the year ended December 31, up from £213.9m in 2006.
The headline figures beat analysts’ expectations, which had anticipated profits of around C£228.5m.
DATED: 26.02.08
FEED: MT
