August 13, 2014 / 6:23 AM / 3 years ago

Car dealer Lookers sees 2014 ahead after H1 profits jump

LONDON, Aug 13 (Reuters) - Britain's fourth largest car dealer Lookers < LOOK.L> posted a 36 percent rise in first-half pre-tax profit on Wednesday, giving it confidence that its full-year results would exceed current market expectations.

The firm, which sells nearly 120,000 new and used vehicles in Britain every year, reported adjusted pre-tax profit of 40.2 million pounds ($67.58 million) in the six months to 30 June 2014, compared to the 29.6 million pounds it made in the same period last year, spurred on by record car sales.

$1 = 0.5948 British Pounds Reporting By Costas Pitas

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below