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United Kingdom

Lookers PLC (LOOK.L)

LOOK.L on London Stock Exchange

51.50GBp
5:06pm BST
Change (% chg)

-0.50 (-0.96%)
Prev Close
52.00
Open
51.80
Day's High
51.90
Day's Low
50.40
Volume
1,547,535
Avg. Vol
1,072,681
52-wk High
113.60
52-wk Low
33.70

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Wed, Aug 14 2019

Car dealership Lookers sees more costs to fix problems related to sales practices

Car dealership Lookers Plc on Wednesday posted a steep drop in first-half profit and said it sees higher costs over the next several years, as it carves out a plan to fix some issues it found in its sales practices.

Car dealership Lookers sees more costs to fix problems related to sales practices

Car dealership Lookers Plc on Wednesday posted a steep drop in first-half profit and said it sees higher costs over the next several years, as it carves out a plan to fix some issues it found in its sales practices.

UPDATE 1-Car dealership Lookers sees more costs to fix problems related to sales practices

Aug 14 Car dealership Lookers Plc on Wednesday posted a steep drop in first-half profit and said it sees higher costs over the next several years, as it carves out a plan to fix some issues it found in its sales practices.

RPT-Car dealership Lookers sees higher costs to fix issues related to sales practices

Aug 14 Car dealership chain Lookers Plc on Wednesday said it would make a one-time cash investment of about 10 million pounds ($12.06 million) over 2019 and 2020 to fix some issues it had identified in its sales practices last year.

Car dealership Lookers hit by crumbling demand

British car dealership Lookers warned on full-year profit on Friday, saying trading was increasingly challenging and prompting a 30% fall it its already weak shares.

UPDATE 3-British dealership Lookers hit by crumbling car demand

* Shares hit more than decade low (Recasts, adds analyst comments, background and updates shares)

Lookers sees full-year profit below own view on poor H1 show

July 12 Car dealership chain Lookers Plc said on Friday it anticipates full-year underlying pretax profit below its expectations as it battled weaker car demand in Britain in June and margin pressures.

Car dealership Lookers' finance chief to step down

Car dealership chain Lookers Plc said on Friday Chief Financial Officer Robin Gregson would step down after 10 years in the role and be replaced by retail veteran and former finance chief of Marshall Motor Holdings Plc Mark Raban.

UPDATE 1-Car dealership Lookers' finance chief to step down

July 5 Car dealership chain Lookers Plc said on Friday Chief Financial Officer Robin Gregson would step down after 10 years in the role and be replaced by retail veteran and former finance chief of Marshall Motor Holdings Plc Mark Raban.

Car dealership Lookers' finance chief to step down

July 5 Car dealership chain Lookers Plc said on Friday Chief Financial Officer Robin Gregson would step down after 10 years in the role and be replaced by former finance chief of Marshall Motor Holdings Plc Mark Raban.

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