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Lookers PLC (LOOK.L)

LOOK.L on London Stock Exchange

98.20GBp
25 Apr 2018
Change (% chg)

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98.20
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770,186
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131.50
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78.50

Latest Key Developments (Source: Significant Developments)

Lookers Says Will Commence To Purchase Ordinary Shares Of 5 Pence Each
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Lookers Plc ::WILL COMMENCE TO PURCHASE ORDINARY SHARES OF 5 PENCE EACH IN COMPANY FOR AGGREGATE PURCHASE OF UP TO £10 MILLION.INTENDS TO CANCEL ORDINARY SHARES PURCHASED UNDER PROGRAMME.  Full Article

Lookers Says ‍Q1 Result Expected To Be In Line With Expectations​
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Lookers Plc ::FINAL DIVIDEND UP 5 PERCENT TO 2.48 PENCEPER SHARE.TOTAL DIVIDEND 3.89 PENCEPER SHARE.‍FY ADJUSTED PROFIT BEFORE TAX £68.4M VERSUS £64.9M​.FY TURNOVER £4,696M VERSUS £4,088M​.‍FY TOTAL NEW CAR TURNOVER UP 12% AND 3% ON A LIKE-FOR-LIKE BASIS DESPITE A REDUCTION IN OVERALL MARKET VOLUMES​.FY ‍TOTAL USED CAR TURNOVER UP 19% AND 13% ON A LIKE-FOR-LIKE BASIS AGAINST STRONG COMPARATIVES​.‍ORDER BOOK FOR DELIVERY OF NEW CARS IN MARCH IN LINE WITH OUR EXPECTATIONS​.‍Q1 RESULT EXPECTED TO BE IN LINE WITH MANAGEMENT'S EXPECTATIONS​.‍"EXPECT TO MAKE FURTHER PROGRESS OVER 2018 WITH GOOD MOMENTUM IN USED CARS AND AFTERSALES AND A RESILIENT PERFORMANCE IN NEW CARS​".  Full Article

Lookers buys Knights North West Ltd for 27.2 mln stg
Monday, 22 Aug 2016 

Lookers Plc : Acquisition of Knights North West Limited . Has acquired Knights North West Limited, for 27.2 mln stg in cash . Acquisition introduces BMW and MINI to company's portfolio of prestige brands for first time, and further expands its motor division in West Midlands . Acquisition is being funded from company's existing bank facilities .Acquisition is expected to be earnings enhancing for year ending December 31 2017.  Full Article

Lookers says to buy Warwick Holdings for 55.4 mln in cash
Monday, 15 Aug 2016 

Lookers Plc : Acquisition of warwick holdings ltd . Has entered into a conditional agreement to acquire Warwick Holdings Ltd, trading as Drayton Group ("Drayton Group"), for 55.4 mln stg in cash . Says acquisition is being funded from existing bank facilities through a conditional contract . Acquisition will increase Looker's partnership with Mercedes Benz and Smart where new combined business will have an annual turnover in excess of 600 mln stg .Acquisition is expected to be earnings enhancing for year ending Dec.31 2017.  Full Article

Lookers to sell its parts business for 120 mln stg
Wednesday, 10 Aug 2016 

Lookers Plc : Proposed disposal of parts division . To sell its parts business to alliance automotive uk ltd for a consideration of 120 mln stg .Transaction expected to complete by end of Oct. 2016.  Full Article

Lookers sees FY trading in-line with expectations
Tuesday, 17 May 2016 

Lookers Plc : Has made a good start to year with positive results for q1 . Therefore believe that results for year ending 31 December 2016 should be in line with current market expectations .Company produced a positive trading performance in quarter to 31 March 2016, ahead of prior year.  Full Article

UPDATE 1-British car dealer Lookers reports profit rise, buyback

March 7 Lookers Plc, Britain's largest car dealer, reported a 2.7 percent rise in annual profit on Wednesday despite the overall new car market shrinking for the first time since 2011.