London Stock Exchange changes Inchcape PLC's listing amid shift away from retail
5 people found this useful Inchcape has confirmed that its London Stock Exchange listing has been reclassified to remove reference to retail as it disposed of 13 UK dealership locations as part of a renewed focus on distribution in 2020. In annual financial results published this morning (February 25) the AM100 PLC reported that overall group revenues had fallen 25%, from £9.38 billion to £6.34bn, in a COVID-19 impacted year, as pre-tax profits slumped 131.8% to a statutory loss of £128m (2019: £402m profit). But the business, which claimed government support totalling £30m a...
Source: am-online.com