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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.