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Waylands Automotive financial results reveal 150% profit growth in COVID-hit 2020

2 people found this useful Waylands Automotive ensured that the COVID-19 pandemic was no barrier to ongoing growth as it delivered a 4% increase in revenues and 150% rise in pre-tax profits from its network of Volvo dealerships in 2020. Revenues rose to £89 million during the 12-month period to December 31, 2020, as PBT rose from £502,000 in 2019 to £1.25m as the Reading-based retail group delivered 66.2% EBITDA growth to £2.22m (2019: £1.34m). Although it delivered a cautious ou...
United Kingdom City Of West Berkshire John Ohanlon Evans Halshaw Dealer Group

Waylands joins Kia network with Reading Evans Halshaw dealership acquisition

Click the thumbs up > Waylands Automotive has joined the Kia Motor UK franchised network with the acquisition of Pendragons Evans Halshaw car dealership in Reading. The Thames Valley-based car retail group, which was had operated exclusively with Volvo Car UK at locations in Reading, Oxford, Swindon and Newbury, has officially moved into the facility and is now preparing apply new Waylands Kia signage. Waylands former Evans Halshaw Kia business is located off just off the A33, to the south...
United Kingdom West Berkshire Evans Halshaw Kia John Ohanlon Waylands Kia Evans Halshaw

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