Wednesday, March 12, 2008
Lookers posts 7 per cent profits rise
Lookers, ranked 5th in the Motor Trader Top 200, has posted a 7 per cent hike in pre-tax profits to £23m for 2007.
Operational profit before exceptional items rose 9 per cent to £40m on turnover of £1.68bn – a 17 per cent increase on 2006.
The group claimed it had made “steady progress” in a year in which it boosted its portfolio with the £55m acquisition of the Dutton Forshaw Group in October.
DATED: 12.03.08
FEED: MT
