Pendragon has seen its full year underlying pre-tax profits for 2022 drop 30.6% to £57.6 million (from £83.0m in 2021) on a turnover of £3.62 billion (up 6.1%), slightly ahead of market...
Read moreEuropean dealer group Hedin has made a 29p-a-share takeover bid for Pendragon. The £400 million bid matches the one supported by the UK group’s board earlier this year understood to have been made...
Read morePendragon, which today reported an annual pre-tax profit of more than £80 million, is under pressure to explain why it didn’t reveal a £400m takeover bid from Europe’s Hedin Group. Shares in the...
Read morePendragon has recorded an underlying profit for the first half of 2021 of £35.1 million, up from a loss of £31.0m in H1 2020 when the pandemic first struck. The figures come on the back of a £1.82...
Read morePendragon, which last week announced it had cut losses during the pandemic, has warned of short-term vehicle supply issues due to both Covid-19 and the global chip shortage. “There is going to be...
Read moreCAZOO AND CINCH MEGA-DEALS PENDRAGON WARNS OF SHORTAGES DVLA STRIKE ACTION CONFIRMED RETAILERS TO REOPEN WITH EXTENDED HOURS GERMAN SHOWROOMS SHOULD REOPEN ‘IMMEDIATELY’ ILLINOISE RETAILERS...
Read morePendragon has recovered from a pre-tax loss of £31 million in the first half of 2020 to finish the year down £16.4m. However, the dealer group reported an underlying profit of before tax of £8.2m....
Read morePendragon pre-tax losses increased in 2019 to £97.8 million down from £90.6m in 2018. Revenue dropped to £4.51 billion from £4.63bn in 2018. Despite the loss before tax figure being worse than...
Read moreA busy month of reporting and announcements kicked of in February with Inchcape, with a note on the departure of group CEO Stefan Bomhard who is leaving at the end of June to become CEO of Imperial...
Read morePendragon has appointed Bill Berman as chief executive officer after one of the most turbulent years in the retail group’s history. Mr Berman has been a non-executive director at Pendragon since...
Read morePendragon’s half-year results have revealed it is to close 22 of its 34 Car Store used car operations, has taken a £102.4 million goodwill and property write-down, appointed an executive chairman...
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