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United Kingdom

Pendragon PLC (PDG.L)

PDG.L on London Stock Exchange

26.00GBp
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25.70
Open
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Tue, Aug 7 2018

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.

UPDATE 1-UK dealership Pendragon's profit slumps as car sales drop

LONDON, Aug 7 British car dealership chain Pendragon posted a 41 percent fall in underlying pre-tax profit on Tuesday after sales fell in Europe's second-largest car market.

UK dealership Pendragon's H1 profit drops 41 percent

LONDON, Aug 7 British car dealership chain Pendragon saw its underlying pre-tax profit drop 41 percent to 28.4 million pounds ($37 million) in the first half of 2018 due to a fall in its UK motoring division, the biggest part of the business.

BRIEF-Pendragon Profitability Anticipate Performance In 2018 To Be In Line With Expectations

* PROFITABILITY IN Q1 OF YEAR IS IN LINE WITH OUR EXPECTATIONS

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