Lookers Buoyed by Record Results

Summary


CAR dealer Lookers is set to hit back at rival Pendragon's 'take it or leave it' Pounds 260 million hostile bid tomorrow when expected record annual profits will be announced.

Lookers is believed to have enjoyed good growth across its broad spread of operations, which include new car sales, used car supermarkets and a spare parts business. Analysts are forecasting annual profits of about Pounds 17 million, up from Pounds 14.1 million.

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Lookers Buoyed by Record Results

Shareholders ar...

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