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Pendragon News
| Car firm Pendragon in losses warning (icWales) EVANS HALSHAW car dealership owner Pendragon warned yesterday it expected to make losses of £30m this year. Pendragon Forecasts 30 Million-Pound Loss on Job Cuts, Closures (Bloomberg) Nov. 10 (Bloomberg) -- Pendragon Plc, Britain's biggest car dealership chain, predicted a full-year loss before exceptional items of 30 million pounds ($47 million) as it cuts jobs and closes dealerships amid ``faltering consumer spending.'' Pendragon warns of £30m losses (Independent) The car dealership group Pendragon warned yesterday it expects to make a full-year loss of £30m as the result of a slump in sales, and the costs of a large redundancy programme. Dip in car sales takes toll on Pendragon (Financial Times) A worse-than-expected drop in retail car sales has taken a grim toll on Pendragon , with the UK?s largest car retailer warning it will report a £30m loss before exceptional items for the full year to December. Pendragon sees 2008 loss at 30 million pounds (Reuters via Yahoo! UK & Ireland News) (Reuters) - Car dealer Pendragon said on Monday it expected to report a full-year loss, before exceptional items, of 30 million pounds due to the economic downturn, but was optimistic of improved trading next year. |
This entry was posted on Saturday, March 24th, 2007 at 9:21 am and is filed under P.

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