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Pendragon uses car click & collect to turn profit despite lockdown

Pendragon uses car click & collect to turn profit despite lockdown Wed, 21st Apr 2021 10:45 (Alliance News) - Motor retailer Pendragon PLC on Wednesday said it swung to a first-quarter profit, despite all its dealerships being closed due to Covid-19 lockdowns. The Evans Halshaw and Quickco operator was only allowed to reopen its sites in England last week Monday, following months of its estate being shuttered. In the three months to March 31, Pendragon swung to an underlying pretax profit of GBP10.8 million, from a GBP2.3 million loss a year earlier. It was a a strong performance given the Covid-related restrictions in place, Pendragon said. The company had to rely on its delivery and click & collect services during the quarter.

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