Helston Group’s turnover up, profits down
07 May 2018
South West Helston Garages Group reported pre-tax profits of £11.5 million last year on a turnover of £609m. The PBT was down from £13.7m a year ago although turnover was up from £586m.
Directors of the 37 franchise group said the results were “credible when taking into account the incredibly tough marketplace with pressures on volumes significantly impacting margins whilst costing more to deliver the volumes”.
They also pointed the dealerships’ fortunes being dependent on the support from the manufacturers which “varies from year to year and even during the year”.
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Helston Garages 
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