Lookers plc, a leading UK motor retail group, announces its results for six months ended 30th June 2012.
Commenting on the results, Lookers Chief Executive Peter Jones said:
“We are pleased to deliver another strong trading performance with the results for the first six months of 2012, which represents a record performance for the group. Our motor division produced an excellent result, notwithstanding the relatively weak new car market, and the parts division delivered a resilient performance in challenging market conditions. Operational cashflow for the period was particularly positive, resulting in a strengthened balance sheet. This gives us confidence that we can continue to grow the business, deliver satisfactory results for the full year, increase our dividend payments and be in a strong position to pursue strategic growth opportunities as and when they arise.”
Please click on this link for the full Interim Report 2012 Statement.