UK car dealership Lookers says first-half trading resilient
22/08/2023 07:34
Aug 22 (Reuters) - British car dealership Lookers
LOOK.L , which has agreed to a 504.2-million-pound ($644.9
million) takeover by Global Auto Holdings, said on Tuesday the
group witnessed resilient first-half trading despite
macroeconomic challenges.
Lookers, which sells new and used cars and vans and also
offers after-sales services, said revenue grew 8% to 2.42
billion pounds in the six-month period ended June 30, while
underlying pre-tax profit slipped 2.3% to 46.1 million pounds.
($1 = 0.7817 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by
Sherry Jacob-Phillips)
((abyjose.koilparambil@thomsonreuters.com; +917483275231;))