“We have had three successive years of increased profits, which have been delivered in difficult market circumstances. Operating cash flow continues to be strong and this has further strengthened our balance sheet. These results give us confidence that we can continue to grow the business in 2012, despite short term market conditions remaining challenging. As economic conditions improve over the medium term, the business is well placed to take advantage from future growth in the new and used car markets and increased demand for aftersales and parts.”
Peter Jones
Chief Executive
Lookers plc Annual Results - Year Ended 31 Dec 2011