Company Profile For Pendragon PLC

Pendragon PLC is an Independent operator of franchised motor car dealerships in United Kingdom. It operates 292 franchises in the United Kingdom. Pendragon sells a range of new and used motor cars and commercial vehicles. The Company operates through six segments. The Stratstone segment comprises the luxury car brand encompassing the sale of new and used motor cars and motorbikes, together with associated aftersales activities of service. The Evans Halshaw segment comprises the volume car brand encompassing the sale of new and used motor cars and motorbikes, together with associated aftersales activities of service. The Chatfields segment comprises the truck and commercial vans brand. The Contracts segment comprises the Company’s contract hire activities. The Part segment comprises the parts distribution business, which trades under the Quickco name. The Tecnology segment comprises the Company’s activities as a dealer management system provider and shared service centre.

BRIEF: For the six months ended 30 June 2009, Pendragon PLC's revenue decreased 36% to £1.58B. Net loss from Cont. ops. decreased 54% to £6M. Revenue reflects a decrease in demand for Company's products & services. Net income also reflects a significant increase in operating expenses, higher finance costs and the presence of share of loss of associate vs. a profit. Pendragon PLC is a new & used car dealer.