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In Pictures: 1990 Ford 7610 sells for €43,500 plus fees at auction

In Pictures: 1990 Ford 7610 sells for €43,500 plus fees at auction
farmersjournal.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmersjournal.ie Daily Mail and Mail on Sunday newspapers.

United Kingdom , New Zealand , Massey Ferguson , John Deere , Chris Luscombe , Henry Biss , Platts Harris , Hj Pugh Co ,

Lookers PLC says second-half profits to offset interim losses

Lookers PLC says second-half profits to offset interim losses
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

United Kingdom , Duncan Mcphee , Platts Harris , ஒன்றுபட்டது கிஂக்டம் , டங்கன் மக்ஃபீ ,

Lookers focuses on recovery after H1 2020 results reveal £50m loss


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Lookers has recommenced shares trading on the London Stock Exchange following publication of interim financial results which revealed a £50 million loss in a COVID-impacted H1, 2020.
The AM100’s second placed car retail group suffered a 40% decline in revenues, to £1.56bn, and a 355.1% decline on pre-tax profits, to record a £50m loss, during the six month period to June 30.
The performance came in a period which saw it battle to restructure its operations amid an internal fraud and Financial Conduct Authority (FCA) investigations and included stalled talks over a potential merger with Pendragon.
Last year saw Lookers commence a planned restructuring which included 12 site closures before the end of 2020 – following the closure of 15 locations in 2019 – and the implementation of over 1,500 redundancies as the delayed publication of its results triggered an end to Stock Market Trading. ....

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