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Pendragon PLC (PDG.L)

PDG.L on London Stock Exchange

23.70GBp
7:16pm IST
Change (% chg)

-0.20 (-0.84%)
Prev Close
23.90
Open
23.00
Day's High
24.40
Day's Low
23.00
Volume
61,054
Avg. Vol
1,703,095
52-wk High
28.90
52-wk Low
20.63

Latest Key Developments (Source: Significant Developments)

Pendragon Disposes Certain Dealerships In California
Thursday, 2 May 2019 

May 2 (Reuters) - Pendragon PLC ::US MOTOR GROUP - DISPOSAL OF CERTAIN DEALERSHIPS.HAS AGREED TO DISPOSE OF TRADE AND ASSETS OF ITS JAGUAR LAND ROVER MOTOR VEHICLE DEALERSHIP LOCATED IN MISSION VIEJO.DEALERSHIPS SUBJECT TO TRANSACTIONS FORM PART OF COMPANY'S OVERALL US MOTOR GROUP..CONSIDERATION FOR DISPOSAL OF TRADE, ASSETS OF ITS JAGUAR LAND ROVER DEALERSHIP IN NEWPORT BEACH, CALIFORNIA EXPECTED TO BE £31 MILLION.CONSIDERATION FOR DISPOSAL OF TRADE, ASSETS OF ITS JAGUAR LAND ROVER MOTOR VEHICLE DEALERSHIP LOCATED IN MISSION IS EXPECTED TO BE £29 MILLION.  Full Article

Pendragon says ‍for year to date revenue is up 6.7 pct
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Pendragon Plc ::PENDRAGON PLC - ‍REMAIN COMMITTED TO OUR STRATEGIC GOAL TO DOUBLE USED CAR REVENUE OVER FIVE YEARS TO 2021​.PENDRAGON PLC - ‍WE WILL BE SEEKING TO MAKE A SENIOR APPOINTMENT TO LEAD ALL ASPECTS OF OUR UK USED CAR OPERATIONS​.PENDRAGON PLC - ‍ARE CONDUCTING A STRATEGIC REVIEW OF PREMIUM BRANDS, TO EVALUATE BY MANUFACTURER INVESTMENT APPEAL OF THEIR FRANCHISE PROPOSITION​.PENDRAGON PLC - ‍WILL REVIEW CAPITAL REQUIREMENTS BY MANUFACTURER AND ONLY ALLOCATE CAPITAL WHERE WE SEE STRONG FUTURE PROSPECTS FOR RELIABLE RETURNS​.PENDRAGON PLC - ‍CONCLUSION OF STRATEGIC REVIEW OF US MOTOR GROUP HAS DETERMINED THAT THERE WILL BE NO FURTHER ACQUISITIONS IN USA​.PENDRAGON - ‍CONSIDERS WOULD BE APPROPRIATE IN LIGHT OF OUR CAPITAL ALLOCATION PRIORITIES TO ASSESS ONGOING VALUE OF US MOTOR BUSINESS TO GROUP.PENDRAGON PLC - ‍ANTICIPATE THAT OUR FULL YEAR UNDERLYING PROFIT BEFORE TAX WILL NOW BE APPROXIMATELY £60M​.PENDRAGON PLC - ‍ANTICIPATE RESUMPTION OF GROWTH IN PROFITS IN 2018​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR REVENUE HAS GROWN BY 6.7 PCT ON A LIKE FOR LIKE BASIS WITH USED REVENUE GROWTH OF 21.1 PCT​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR NEW GROSS PROFIT HAS REDUCED BY 10.2 PCT ON A LIKE FOR LIKE BASIS​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR USED GROSS PROFIT HAS INCREASED BY 2.1 PCT ON A LIKE FOR LIKE BASIS​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR AFTERSALES GROSS PROFIT HAS GROWN BY 3.0 PCT ON A LIKE FOR LIKE BASIS​.  Full Article

Pendragon HY pretax profit up 9.7 pct
Tuesday, 1 Aug 2017 

Aug 1 (Reuters) - Pendragon Plc :INTERIM DIVIDEND 0.75 PENCEPER SHARE."BELIEVE THAT WE CAN ACHIEVE AT LEAST DOUBLE DIGIT GROWTH IN USED REVENUE IN 2017"."OUR ASPIRATION OVER FIVE YEARS IS TO DOUBLE OUR USED VEHICLE REVENUE".IN H2, WILL MAKE FURTHER ADJUSTMENTS TO PRICING TO MAINTAIN NEW HIGHER LEVEL OF VOLUME AND ENRICH MARGIN.ANTICIPATE PERFORMANCE FOR 2017 WILL BE IN LINE WITH EXPECTATIONS.H1 USED REVENUE GROWTH, UP 20.9% ON A LIKE FOR LIKE BASIS.H1 UNDERLYING PROFIT BEFORE TAX UP 9.7% TO 48.5 MILLION STG.  Full Article

UPDATE 2-Car dealer Pendragon launches review after sustained losses

* Shares fall as much as 13 pct (Adds details on costs, Brexit, results, analyst comments)