Tag Archives: lookers

Lookers turned in a record first half performance with underlying pre-tax profits of £50.7m inthe eyar to 30 June compared to a loss of -£36.5m last time on turnover of £2.15bn, up on the £1.57bn achieved in H1 2020. The group turned in a strong used car performance. Gross profit from used cars was £89.8m for the first half compared ...

Lookers has teamed up with electric vehicle and home charging comparison service Rightcharge. The deal enables Lookers customers to choose the charge point best suited to their needs, connect with an installer and identify their best-value home energy tariff, helping them launch their electric journey. Set up by ex-CERN engineer and entrepreneur Charlie Cook, the Rightcharge platform will offer Lookers’ ...

Lookers-owned Charles Hurst Group has opened a new Kia dealership in Newtownabbey. This latest Kia showroom launch brings the total number of Kia dealerships within the Lookers group to five. Charles Hurst group operations director, Jeff McCartney, said: “As a future-focused company, we invest in innovative brands which will deliver the technology, sustainability and driving experience required for the future. ...

Lookers has teamed up with electric vehicle (EV) charging point mapping and data specialist Zap-Map. Lookers’ customers will be able to access Zap-Map’s interactive software through its online channels, enabling them to pinpoint UK electric charging points for free. Zap-Map cited research from price comparison site uSwitch which identified that access to available charging points was the most important motivator ...

The ex-CEO and COO of Lookers Andy Bruce and Nigel McMinn have joined fleet management and leasing broker Fleet Alliance. Bruce is appointed CEO and McMinn COO while managing director and shareholder Martin Brown will become chair of the business. Bruce and McMinn departed from Lookers in November 2019 as the group entered a period of major upheaval. Fleet Alliance ...

Lookers is expecting to deliver underlying pre-tax profits of £50m in the first half compared to underlying losses of £36.1m last time. The H1 results include £13m of support from UK Government initiatives. In a trading update it said it had outperformed the market in new car sales and had experienced strong used car sales and margins and aftersales had ...

Lookers Volkswagen Van Centre in Glasgow has secured a contract to supply 100 new Volkswagen Crafter panel vans to Menzies Distribution. Menzies recently expanded further in Scotland after acquiring West Lothian-based logistics company JBT Distribution, enhancing its presence throughout the region. Lookers said the contract was a significant win for its business in Scotland and a positive sign of future ...

Lookers published its delayed annual results today delivering pre-tax profits of £2m on turnover of £3.7bn compared to losses of -£45.7m on £4.8bn in the prior year. Underlying profits before tax in 2020 were £14.1m compared to £4m last time. On a like-for-like basis new car units sold fell by -20.6%, used car units by -18.7% and aftersales revenues by ...

Lookers reported ‘robust’ consumer demand in May and June following on from the previously reported strong trading in the four-month period to end-April. It said that used vehicle margins also remain strong benefitting from rising used car values. Looking ahead it said there was some uncertainty driven by the ongoing impact of COVID-19 and supply restrictions in new and used ...

Lookers today announces a short delay to the publication of its preliminary financial results for the year ended 31 December 2020 (the “2020 Results”). Procedures in relation to the Group’s 2020 Annual Report & Accounts are almost complete and we are not aware of any material issues. However, the Board and the Group’s new auditors, BDO LLP, require slightly more ...