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Lookers Taggarts Trade Centre Charles Hurst Lomond Audi

Interim Results for six months ended 30th June 2012.

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.