March 7, 2018 / 7:34 AM / 5 months ago

BRIEF-Lookers Says ‍Q1 Result Expected To Be In Line With Expectations​

March 7 (Reuters) - Lookers Plc:

* FY TURNOVER £4,696M VERSUS £4,088M​

* ‍FY TOTAL NEW CAR TURNOVER UP 12% AND 3% ON A LIKE-FOR-LIKE BASIS DESPITE A REDUCTION IN OVERALL MARKET VOLUMES​

* FY ‍TOTAL USED CAR TURNOVER UP 19% AND 13% ON A LIKE-FOR-LIKE BASIS AGAINST STRONG COMPARATIVES​

* ‍ORDER BOOK FOR DELIVERY OF NEW CARS IN MARCH IN LINE WITH OUR EXPECTATIONS​

* ‍Q1 RESULT EXPECTED TO BE IN LINE WITH MANAGEMENT’S EXPECTATIONS​

* ‍”EXPECT TO MAKE FURTHER PROGRESS OVER 2018 WITH GOOD MOMENTUM IN USED CARS AND AFTERSALES AND A RESILIENT PERFORMANCE IN NEW CARS​” Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below