A number of retailers reported in November, with mixed sets of results. First out of the trap was Lookers on 6 November with a trading update for its Q3 ending 30 September 2019. The report started by...
Read moreThe impact of the general election on UK stock prices was illustrated nowhere better than in the automotive retail market, with prices dipping pre-election only to soar to new highs as the result...
Read moreBusiness restructuring and a focus on used car sales has enabled Caffyns to record a full year (to March 31) pre-tax profit of £970,000, against a loss in the previous period of £4.4m. The...
Read moreShares in Caffyns were the strongest UK stock market performers, rising nearly 17% in the month after the group announced half-year results which revealed it had turned loss into profit. Raising the...
Read moreA major cost cutting exercise, including the closure of several dealerships and reduced stock and capital expenditure, was not enough to prevent Caffyns dropping into the red for the year-ended March...
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