Ron Brooks celebrates 3.6% return
19 January 2022
Derbyshire’s Ron Brooks Group has reported a pre-tax profit record of £1.24m for the year ended June 2021 (up 69% on 2020), on turnover of £34.2m. This represents a 3.6% return on sales.
The retailer stresses it has no debt, £5m in cash reserves and is “well positioned to capitalise on any new business opportunities”.
A family-owned retailer, Ron Brooks has two Toyota and one Suzuki site, and is believed to be Toyota’s longest-serving UK partner, celebrating 50 years in 2023.
Group strategy and innovation manager Tom Slack told Auto Retail Agenda the results are a “powerful message for smaller groups against PLC rhetoric – that we can do well too”.