March 13, 2019 / 7:24 AM / a month ago

Britain's Lookers profit falls on lower new car sales, higher costs

March 13 (Reuters) - British car dealership chain Lookers Plc on Wednesday reported a 1.6 percent fall in full-year adjusted pretax profit, hurt by lower sales of new cars in the UK and higher costs.

Lookers said adjusted pretax profit fell to 67.3 million pounds ($88.19 million), for the year ended Dec. 31, from 68.4 million pounds, a year earlier. Turnover rose 3.9 percent to 4.88 billion pounds. ($1 = 0.7631 pounds) (Reporting by Samantha Machado in Bengaluru; Editing by Anil D’Silva)

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