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Birmingham Post
Birmingham Post
Business
Jon Robinson

Car dealership giant Lookers eyeing higher profits after sales surge

Car dealership giant Lookers has upped its profit expectations for 2023 after reporting a surge in sales for its latest financial year.

The Greater Manchester-headquartered group has posted a revenue of £4.3bn for 2022, up from £4.05bn in 2021.

It also confirmed that it now expects its underlying pre-tax profits for this year to be ahead of its previous forecasts despite "continued trading headwinds including economic uncertainty, inflationary pressure and both supply and logistics disruption".

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