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United Kingdom

Pendragon PLC (PDG.L)

PDG.L on London Stock Exchange

26.70GBp
11:49am BST
Change (% chg)

1.20 (+4.71%)
Prev Close
25.50
Open
26.50
Day's High
26.70
Day's Low
25.80
Volume
1,553,253
Avg. Vol
1,707,985
52-wk High
32.50
52-wk Low
20.03

Latest Key Developments (Source: Significant Developments)

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

Dealership Pendragon's first half profit drops 41 percent

LONDON Car dealership chain Pendragon saw its underlying pre-tax profit drop 41 percent to 28.4 million pounds in the first half of 2018 due to a fall in its UK motoring division, the biggest part of the business.