Brief: Caffyns HY Underlying Profit Before Tax Of £0.17 Mln (2018: £1.19 Mln)

Caffyns

22/11/2019 07:36

Nov 22 (Reuters) - Caffyns PLC  CFYN.L :
    * HALF-YEAR REPORT
    * HY UNDERLYING PROFIT BEFORE TAX OF £0.17 MILLION (2018:
£1.19
MILLION)
    * HY PROFIT BEFORE TAX OF £0.06 MILLION (2018: £0.70
MILLION)
    * HY LIKE-FOR-LIKE USED CAR UNIT SALES DOWN BY 2.3%
    * INTERIM DIVIDEND MAINTAINED AT 7.5 PENCE
    * RESULTS FOR THE HALF-YEAR ENDED 30 SEPTEMBER 2019 ARE
"DISAPPOINTING"
    * REMAIN CAUTIOUSLY OPTIMISTIC ABOUT FUTURE OUTLOOK
    * FY OUTCOME TO REMAIN HEAVILY DEPENDENT ON SUCCESS OF NEXT
BI-ANNUAL REGISTRATION PLATE CHANGE, WIDER CHALLENGES TO UK
ECONOMY

Source text for Eikon:  ID:nRSV2832Ua 
Further company coverage:  CFYN.L 

 ((Reuters.Briefs@thomsonreuters.com;))