10 May 2023 - final results

Results for the year ended 28 February 2023 have been released by the AIM-listed automotive retailer.  Revenue rose from £3.6bn to £4.0bn.  Adjusted profit before tax was £39.3m (2022: £80.7m), which was slightly ahead of market expectations.  Basic adjusted earnings per share fell from 17.92p per share to 9.16p but recent years have been very unusual.  A final dividend of 1.45p per share was recommended, taking the full year dividend to 2.15p per share (2022: 1.70p).  The portfolio of sales outlets increased by 31 during . . .

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