Lookers upgrades FY profit expectations after 'outstanding' first half

29th Jul 2021 10:31

(Sharecast News) - Car dealership Lookers lifted its full-year profit expectations on Thursday after an "outstanding" first-half performance.

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Lookers underlying profit rises despite Covid-19 challenges

1st Jul 2021 07:22

(Sharecast News) - Vehicle retailer Lookers reported revenue of £3.7bn in its preliminary results on Thursday, down from £4.8bn a year earlier, which the board put down to the impact of lockdown and trading restrictions throughout the year.

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Monday broker round-up

28th Jun 2021 13:28

(Sharecast News) - St James Place: HSBC downgrades to hold with a target price of 1,525p.

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Lookers ups 2021 forecasts on strong trading

28th Jun 2021 10:07

(Sharecast News) - Lookers said on Monday it expects profits in the current year to comfortably beat expectations, boosted by robust post-lockdown demand, as it briefly delayed publication of its 2020 results.

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Lookers ups profit forecast as trading accelerates post lockdown

25th May 2021 11:57

(Sharecast News) - Lookers expects full-year profits to "comfortably" beat forecasts, the car dealership said on Tuesday, sending the shares higher.

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Monday broker round-up

12th Apr 2021 13:21

(Sharecast News) - Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.

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Liberum hikes price target on Lookers after update

12th Apr 2021 12:44

(Sharecast News) - Liberum hiked its price target on car dealership chain Lookers to 90p from 45p on Monday, keeping the rating at 'buy' after a "much stronger-than-expected" first-quarter trading performance.

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Lookers predicts annual profit well ahead of forecasts

8th Apr 2021 08:17

(Sharecast News) - Lookers said it expected annual profit to be "materially" better than market expectations after a strong first quarter and with showrooms about to reopen.

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Sunday newspaper round-up: Covid, BAE Systems, Restaurants and pubs

4th Apr 2021 20:36

(Sharecast News) - Fifty-two areas of England have had no cases of Covid in the over-70s during the past week, analysis reveals. Accounting for a sixth of local authorities, the boroughs are in places as varied as Burnley, Stafford and Southwark. However, the preponderance are in the east and southeast of England, which were hit hardest by the more infectious so-called Kent variant this winter. - Sunday Telegraph

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Lookers says its expects £10m profit for 2020, shares surge

18th Mar 2021 09:18

(Sharecast News) - Lookers shares surged on Thursday after the car dealership chain said it now expects to post a small profit for 2020, versus consensus expectations of a small loss.

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Regulator to probe Deloitte's audits of Lookers

12th Mar 2021 10:02

(Sharecast News) - The UK accounting regulator has launched an investigation into Deloitte's audits of Lookers, the car dealership chain that suffered an accounting fraud.

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FCA closes investigation into Lookers

2nd Mar 2021 10:02

(Sharecast News) - The Financial Conduct Authority has closed its investigation over the possible mis-selling of regulated products at car dealership chain Lookers.

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Lookers trading picks up after first-half loss

29th Jan 2021 08:45

(Sharecast News) - Lookers said it performed better in the second half than a year earlier, largely offsetting a loss suffered during the first Covid-19 lockdown.

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Lookers moves to strengthen board as interim results are delayed

9th Dec 2020 11:01

(Sharecast News) - Shares in Lookers will remain suspended until the new year, it was confirmed on Wednesday, after the car dealership pushed back the publication of its interim results until 2021.

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Restated results reveal ?46m loss at Lookers

25th Nov 2020 11:37

(Sharecast News) - Lookers plunged into the red in 2019, it emerged on Wednesday, as the car dealership finally published much-delayed restated results.

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