Toyota Solihull News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Steven Eagell Group has said that it expects to be even ‘more profitable’ in 2020 after reporting a 14% pre tax profits rise in its 2019 annual financial results.
Customer retention measures, growth among its aftersales workforce and the addition of two Lexus and four Toyota dealerships from Vantage Motor Group would all contribute to accelerated performance in the period heavily-impacted by the COVID-19 pandemic, it said.  
Accounts for the year ending December 31, 2019, show that the Milton Keynes-based AM100 car retail group grew is turnover by 5%, to £448 million (2018: £426.7m), while achieving profit before tax of £9.8m (2018: £8.6m).
The Steven Eagell group’s EBITDA was calculated by dealer profitability experts ASE Global as being £12.6m, meanwhile. ....

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