Brief: Caffyns Says HY Underlying Profit Before Tax Up 60 Pct

Caffyns

23/11/2018 07:18

Nov 23 (Reuters) - Caffyns PLC  CFYN.L :
    * HY UNDERLYING PROFIT BEFORE TAX UP 60% TO £1.19 MILLION
(2017:
£0.74 MILLION)
    * HY LIKE-FOR-LIKE NEW CAR UNIT SALES DOWN BY 10.4%
    * HY LIKE-FOR-LIKE USED CAR UNIT SALES UP BY 6.7%
    * INTERIM DIVIDEND MAINTAINED AT 7.50 PENCE
    * HY REVENUE FELL BY 1% TO £105.0 MILLION (2017: £106.5
MILLION)
    * NEW CAR UNIT HY SALES ADVERSELY IMPACTED BY INTRODUCTION
BY ONE
OF MANUFACTURERS OF AN AGENCY ARRANGEMENT FOR FLEET SALES FROM 1
APRIL
    * FY OUTCOME WILL REMAIN DEPENDENT ON SUCCESS OF NEXT
BI-ANNUAL
REGISTRATION PLATE CHANGE IN MARCH 2019, ON WIDER CHALLENGES TO
UK ECONOMY

Source text for Eikon:  ID:nRSW2647Ia 
Further company coverage:  CFYN.L 

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