Pendragon PLC Announces Interim Management Statement for the Third Quarter and Nine Months Ended September 30, 2017; Provides Earnings Guidance for the Full Year 2017 and 2018
For the year to date revenue has grown by 6.7% on a like for like basis with used revenue growth of 21.1%.
The company provided earnings guidance for the full year 2017 and 2018. The company anticipated that full year underlying profit before tax will now be approximately £60 million. However, the company anticipated resumption of growth in profits in 2018.