Lookers plc, a leading UK motor retail group, announces its results for the year ended 31 December 2010
Commenting on the results, Lookers Chief Executive Peter Jones said:
“We are pleased to announce that we have delivered another record trading performance for the Company in 2010, adjusted profit before tax increasing by £5.3 million to £33.6 million. Both our motor and parts divisions delivered record performances and we continued to reduce cost, improving efficiencies. We have made a good start to 2011 within the business with an above plan performance which, combined with our strengthened balance sheet, places us in a strong position, giving confidence that we will continue to trade successfully and be in a position to pursue selective strategic growth opportunities as they arise.”
Please click on the link below for the full announcement.
Full Announcement Final - 09.03.11