UK's European Motor profits boosted by car brands

Newswire

By Lara Smith LONDON, April 28 (Reuters) - UK car retailer European Motor Holdings Plc reported a 24 percent rise in underlying full-year profit on Wednesday and said the new year was off to a strong start, pushing its shares up sharply. The group, which operates 40 motor vehicle retail franchises from 35 sites in the UK, said like-for-like volumes of new cars sold in March and so far in April were 15 percent up on the previous year in both months. The performance is considerably ...

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