Page 20 - Mark Raban News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Getty Images LOOKERS, owner of the Taggarts chain of car dealerships in Scotland, has hailed “strong momentum in trading” and good performance in the new and used vehicle markets. The UK motor retail and aftersales service groups also said trading in the four-month period to April 30, 2021 was strong in a London Stock Exchange update. It said the positive trends have continued into May and June where it has seen “robust consumer demand and ongoing outperformance of the UK retail new car market”. Used vehicle margins also remain strong “benefitting from improving residual val...

Trading Update - Full year 2021 outlook significantly ahead of current expectations Lookers plc, one of the leading UK motor retail and aftersales service groups, today provides an update for the current financial year to date, reporting strong momentum in trading and a significant upgrade to its full year 2021 expectations*. As previously announced on 25 May 2021, trading in the four-month period to 30 April 2021 was strong.  These positive trends have continued into May and June where we have seen robust consumer demand and ongoing outperformance of the UK retail new car market. Used vehic...

Online Blockchain climbs after plans to open Gibraltar office A look at the major movers on the London market on Tuesday 11.46am: Blockchain business boosted Online Blockchain PLC (LON:OBC) is in demand after it announced the opening of an office in Gibraltar. The blockchain research and development company said Gibraltar offered a number of benefits including access to EU membership, tax-free income, a low annual renewal fee and freedom to conduct business globally. Chief executive Clem Chambers said: "Online Blockchain is particularly suited to such a benign and forward-thinking jurisdict...

Sales soar at car dealership giant Lookers following April retail reopening The group expects underlying profit before tax to hit £34m this year 07:58, 25 MAY 2021 Updated Lookers delays publication of annual results as accounts probe widens Sign up to FREE email alerts from BusinessLive North WestInvalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy n...

Car dealer Lookers sees sales soar following April reopening Car dealership Lookers this morning said sales had soared since the reopening of non-essential retail last month. The firm said that trading across the group has been strong since 12 April, benefitting from increased consumer demand and cost reduction initiatives. Sales for new retail units in the four months to 30 April shot up 33 per cent compared to the previous year, while sales for new fleet units rose by 21 per cent. Lookers said that it now expects underlying pre-tax profit for 2021 to “comfortably exceed�...