UK's Caffyns falls on cautious H2 warning
25/11/2022 16:28
** Shares of UK-based car dealer Caffyns CFYN.L down as
much as 14.3% at 451p
** CFYN remains cautious for H2 urn:newsml:reuters.com:*:nTUCCFGLYJ
** HY pretax profit falls to 1.6 mln pounds ($1.9 mln) vs
2.3 mln pounds a year ago
** Hits lowest level since August 2021
** Says it has "substantial" new car order book and used car
sales continue to perform well
** Including session losses, stock down ~14% YTD
($1 = 0.8271 pounds)
(Reporting by Amna Karimi in Bengaluru)
((Amna.Karimi@thomsonreuters.com; +91 8083261226;))