Edition:
United Kingdom

Lookers PLC (LOOK.L)

LOOK.L on London Stock Exchange

86.50GBp
24 May 2019
Change (% chg)

0.00 (+0.00%)
Prev Close
86.50
Open
87.60
Day's High
87.60
Day's Low
86.10
Volume
93,269
Avg. Vol
334,621
52-wk High
113.60
52-wk Low
84.40

Latest Key Developments (Source: Significant Developments)

Lookers FY Pretax Profit Falls 9 Pct
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Lookers PLC ::FY TURNOVER £4,880M VERSUS £4,696M.FY PROFIT BEFORE TAX £53.1M VERSUS £58.4M.FY ADJUSTED PROFIT BEFORE TAX £67.3M VERSUS £68.4M.FINAL DIVIDEND PER SHARE 2.60P VERSUS 2.48P.FY TOTAL NEW CAR TURNOVER DOWN 3.3% AND 3.0% ON A LIKE-FOR-LIKE BASIS, WITH GROSS PROFIT PER UNIT INCREASING.FY TOTAL USED CAR TURNOVER UP 14% AND SAME ON A LIKE-FOR-LIKE BASIS.GOOD START TO 2019 WITH ORDER BOOK FOR DELIVERY OF NEW CARS IN MARCH CONTINUING TO BUILD IN LINE WITH OUR EXPECTATIONS.USED CAR VOLUMES CONTINUE TO SHOW GROWTH AND FURTHER OPPORTUNITIES IN AFTERSALES.SAYS "WE REMAIN MINDFUL OF A PROLONGED PERIOD OF POLITICAL AND ECONOMIC UNCERTAINTY".ORDER BOOK FOR NEW CARS IN MARCH IS IN LINE WITH OUR EXPECTATIONS AND WE EXPECT TO MAKE FURTHER PROGRESS IN USED CARS AND AFTERSALES.CONTINUING POLITICAL UNCERTAINTY FROM BREXIT, NEGATIVE IMPACT ON CONSUMER & BUSINESS CONFIDENCE, HAS ADVERSELY AFFECTED DEMAND FOR NEW CARS.  Full Article

Wynnstay Properties Enters Deal With Unit Of Lookers To Lease Units At Basingstoke Property
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Wynnstay Properties PLC ::POSSIBLE DISPOSAL.ENTERED DEAL WITH UNIT OF LOOKERS TO LEASE UNITS 1 AND 2 AT PROPERTY FOR A PERIOD OF 9 MONTHS.  Full Article

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

British car dealership chain Lookers Plc on Wednesday reported a 1.6 percent fall in full-year adjusted pretax profit, hit by slowing sales of new cars and higher costs.