18 August 2020 - interim results

The automotive retailer has released interim results, covering the six months to 30 June 2020.  Revenue was £895m versus £1,183m a year earlier.  From 23 March to 1 June the bulk of the business was closed but 62 of its aftersales operations remained open throughout the closure of its retail showrooms to support essential vehicle mobility, including for emergency and key workers.  These operations were run at a small loss and total aftersales revenue in the period was £100.3m (2019: £129.5m).  As anticipated due to the lengthy period of closures, a loss . . .

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