Pendragon plc
Pendragon: full year results, takeover
Pendragon is likely buy Reg Vardy as its offer of 900p per share has been recommended, and Lookers has withdrawn its rival bid. In addition to paying £506m in cash for Reg Vardy, Pendragon is also pursuing an all-share offer for Lookers. Although both companies are smaller than Pendragon, buying both will approximately double the […]
Pendragon H1 results
The 9.6% increase in Pendragon’s turnover in the first half of the year was the result of last year’s acquisition of CD Bramal. CD Bramal was acquired two months into the same period last year - so unlike the comparative period this half year has benefited from a full six months contribution from CD Bramal. […]
Pendragon
The bulk of the increase in car dealer Pendragon’s full year turnover (year to December 2004) and operating profit was up due to the contribution of CD Bramall, which Pendragon acquired in February 2004. Pendragon generated an operating profit of (before exceptionals and goodwill) £91.2m (+79.6%,) on a turnover of £3.2bn (+72.3%,). […]
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