Pendragon PLC announced interim management statement for the first quarter ended March 31, 2014. In the first quarter of 2014, the Group's retail labour sales increased further by 3.6% on a like for like basis.

The company expected that 2014 underlying profit to be comfortably ahead of expectations for 2014. The key segment of the less than three year old vehicle parc grew by 4% in 2013 and expect this to continue to grow in 2014.