The parent company behind big car showroom brands such as Evans Halshaw, Stratstone and CarStore has announced a big jump in revenues and profits.
Pendragon Plc said last year it made pre-tax profits of £83 million compared to £8.2 million the year before. Revenues for 2021 hit £3.45 billion, compared to £2.92 billion a year earlier.
The Nottingham-based group said it had cut costs during the pandemic to make savings of £121 compared to 2019, while new and used car sales were well up on 2020.
