Record profitability

Excellent cash conversion and robust balance sheet to drive future growth

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Download our 2017 preliminary results here: PDF

Download our 2017 annual report and financial statement here: PDF

Download the 2017 Analyst & Investor Presentation.

Click here to watch our Q&A webcast

Final results for the 12 months ended 28 February 2017

Robert Forrester interview on latest results
Interview with Robert Forrester, Chief Executive commenting on the results.
IG Interview with Robert Forrester
IG interview with CEO Robert Forrester
Annual Report 2016
Download the 2017 Analyst & Investor Presentation.

Number of Retailers

Record profitability, excellent cash conversion and robust balance sheet to drive future growth

  • Revenues increased by 16.5% to £2,822.6m (2016 : £2,423.3m)
  • Like-for-like service revenues up 5.8% long-term growth trend continues
  • Like-for-like used vehicle volumes increased 7.1%: over 5 years of continuous growth
  • Softening of new private retail market: Group like-for-like new car retail volumes down 6.4%
  • Record Group trading performance driven by improvement in recently acquired businesses, a strong used car performance and growth in higher margin service area
  • Growth strategy progressed with greater premium mix, including the addition of the Mercedes-Benz and Toyota franchises to the Group

* adjusted for amortisation of intangible assets and share based payments charge.

Strengthening Margins

Managing Operating Expenses and Tax Payments

Generating Cash Profits and Managing Working Capital

Investing to Support Future Cash Growth

Operational Highlights

Focus on Shareholder Returns

Very Strong Balance Sheet to Fund Growth

Current Trading and Outlook

Results Past and Present

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