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United Kingdom

Pendragon PLC (PDG.L)

PDG.L on London Stock Exchange

17.34GBp
11:46am BST
Change (% chg)

-0.08 (-0.46%)
Prev Close
17.42
Open
17.20
Day's High
17.50
Day's Low
17.20
Volume
516,047
Avg. Vol
887,032
52-wk High
28.90
52-wk Low
16.76

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Wed, Jun 12 2019

Pendragon shares plunge a quarter as UK car dealer warns on profit

Pendragon shares slumped as much as 26% on Wednesday after the British car dealer warned of a pretax loss this year, blaming weak demand for both new and used cars.

UPDATE 2-Pendragon shares plunge a quarter as UK car dealer warns on profit

* Shares hit over 6-year low (Adds analyst, executive comment, details; updates shares)

Trade friction halts FTSE rally, Pendragon tanks on profit alert

June 12 London's main stock market index eased on Wednesday as the latest exchange of blows between Washington and Beijing kept investors on edge about the risks to global growth, while small-cap car dealership chain Pendragon sank after a profit alert.

Car dealership chain Pendragon forecasts FY loss

June 12 British car dealership chain Pendragon said on Wednesday it expects to report a pretax loss for the full year, hit by significant declines in new car and used car registrations.

UPDATE 2-Car dealer Pendragon launches review after sustained losses

* Shares fall as much as 13 pct (Adds details on costs, Brexit, results, analyst comments)

Car dealership chain Pendragon launches review after loss

Pendragon said on Wednesday it would review its operational and financial prospects under its new management after margin pressures led it to report an underlying loss before tax of 2.8 million pounds in the three months ended March.

Car dealership chain Pendragon launches review after loss

April 17 Pendragon said on Wednesday it would review its operational and financial prospects under its new management after margin pressures led it to report an underlying loss before tax of 2.8 million pounds in the three months ended March.

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