7 September 2022 - trading update
The leading provider of Motoring and Cycling products and services in the UK has announced a trading update for the 20 week period to 19 August 2022. Performance in the period was in line with expectations, which means that full year underlying profit before tax of £65m to £75m remains the target. Total revenue growth was 9.2% versus the prior year and down 1.9% like-for-like against strong prior year comparatives, when sales were boosted by the UK emerging from the final Covid-19 lockdown. Strategic acquisitions in Autocentres were the key . . .
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