Pendragon roars on as H1 car sales remain robust
7th August 2012
MIDLANDS based automotive retailing group Pendragon has seen growth in half year revenue and pre-tax profits as business in the new and used car markets remained robust.The company said almost three quarters (74%) of its new car sales was due to an upturn in fleet orders.It remains confident of the trading momentum continuing into the second half.Pendragon said revenues for the six months to June 30 increased to £1,914m (2011: £1,773m), while pre-tax profit rose to £19.1m (2011: £17.7m). Both increases were ......for the full story register now for free or login below...
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