Lookers' 'strong trading momentum' prompts improved profit forecast
Click the thumbs up > Lookers will return to “normalised reporting” of its annual financial results after renewing its banking facility and reporting continued strong trading momentum the first four months of 2021. The AM100 car retail PLC reported new car sales up by 32.6% and used car sales up 32.5% year-on-year on a like-for-like basis in a trading update for the period to April 30 published via the London Stock Exchange this morning (May 25). Aftersales revenues rose by 25.4% in the same period, meanwhile, as the group performed strongly in a period largely impacted by COVID-19 ‘Loc...