Leeds car dealer celebrates 80 years but profits crash 88% in tough market
One of Yorkshire’s longest-established family-owned motor retail groups has reported record turnover but suffered a sharp fall in pre-tax profits as higher sales failed to translate into stronger returns.
Leeds-based D. M. Keith, which celebrates its 80th anniversary this year, increased turnover by 17.1% to £435.1m in the year to 31 December 2025. But pre-tax profits plunged 88% from £2.56m to £309,000, marking the sharpest annual decline in the six-year period covered by its recent results. ... 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...
