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Pendragon PLC (PDG.L)

PDG.L on London Stock Exchange

23.05GBp
17 Dec 2018
Change (% chg)

-0.60 (-2.54%)
Prev Close
23.65
Open
22.85
Day's High
23.95
Day's Low
22.85
Volume
576,346
Avg. Vol
2,057,059
52-wk High
30.85
52-wk Low
20.03

Latest Key Developments (Source: Significant Developments)

Ten Entertainment Says CFO Mark Willis To Join Pendragon
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Ten Entertainment Group PLC ::NOTIFIED BY MARK WILLIS, CHIEF FINANCIAL OFFICER, OF HIS DECISION TO RESIGN FROM COMPANY TO JOIN PENDRAGON PLC.A SEARCH FOR A SUCCESSOR WILL NOW BEGIN.  Full Article

Pendragon Says Legislation, Investments Had Short-Term Dilutive Effect On Profitability
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Pendragon PLC ::PENDRAGON PLC - GROUP REVENUE -7.2% L4L (-6.4% TOTAL) FOR THREE MONTHS ENDED 30 SEPTEMBER.PENDRAGON PLC - UNDERLYING PROFIT BEFORE TAX £1.1M - UNDERLYING PROFIT BEFORE TAX UP £3.0 MILLION ON QUARTER 3 2017.PENDRAGON PLC - ANTICIPATE THAT OUR FULL YEAR UNDERLYING PROFIT BEFORE TAX WILL BE APPROXIMATELY £50M.PENDRAGON- INTRODUCTION OF WLTP LEGISLATION IN NEW CAR BUSINESS AND INVESTMENT IN OUR USED CAR BUSINESS HAS HAD A SHORT TERM DILUTIVE EFFECT ON PROFITABILITY.PENDRAGON- INTRODUCTION OF WLTP LEGISLATION IN NEW CAR BUSINESS, INVESTMENT IN USED CAR BUSINESS HAS HAD A SHORT TERM DILUTIVE EFFECT ON PROFITABILITY.  Full Article

Pendragon PLC Says Underlying Profit Before Tax For 2018 Is Expected To Be £50M
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Pendragon PLC ::PENDRAGON PLC - UNDERLYING PROFIT BEFORE TAX FOR 2018 IS EXPECTED TO BE £50M.PENDRAGON - INTRODUCTION OF WORLDWIDE HARMONISED LIGHT VEHICLE TEST PROCEDURE CREATED DISRUPTION IN NEW CAR SALES, UNCERTAINTY OVER NEW VEHICLE SUPPLY.  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

UPDATE 1-UK dealership Pendragon's profit slumps as car sales drop

LONDON, Aug 7 British car dealership chain Pendragon posted a 41 percent fall in underlying pre-tax profit on Tuesday after sales fell in Europe's second-largest car market.