Pendragon hikes up profit on £5bn turnover

Pendragon, the UK's largest dealer group, has reported a 51 per cent leap in pre-tax profit to £96.

4m for the year to 31 December 2006. Turnover increased to £5.1bn compared to £3.3bn in 2005 following Pendragon's acquisition of Reg Vardy for £500m. Pendragon said the integration of the Vardy network was now complete.

Written by TalkingMotors.com
Thursday, 15 February 2007
Pendragon, the UK's largest dealer group, has reported a 51 per cent leap in pre-tax profit to £96. 4m for the year to 31 December 2006. Turnover increased to £5.1bn compared to £3.3bn in 2005 following Pendragon's acquisition of Reg Vardy for £500m. Pendragon said the integration of the Vardy network was now complete.