Pendragon slumps as AutoNation says it won't make an offer

18th Oct 2023 08:09

(Sharecast News) - Car dealership Pendragon slumped on Wednesday after US peer AutoNation said it would not be making an offer for the company.

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Bid target Pendragon reports solid H1 as AutoNation joins the fray

27th Sep 2023 08:06

(Sharecast News) - Bid target Pendragon on Wednesday reported an 10% increase in underlying first-half profits as it received yet another takeover offer - this time from US car retail giant AutoNation.

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Pendragon sells UK motor, leasing arm for £250m

18th Sep 2023 07:33

(Sharecast News) - Car dealership operator Pendragon on Monday said it was selling its UK motor and leasing business to US firm Lithia for £250m.

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Pendragon signals jump in first-half profits

20th Jul 2023 07:16

(Sharecast News) - Car dealership Pendragon flagged "robust" interim trading on Thursday, although it sounded a more cautious note for the rest of the year.

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Pendragon COO Casha leaving to become CEO of Marshall Motor

7th Jul 2023 07:26

(Sharecast News) - Car dealership Pendragon said on Friday that chief operating officer Martin Casha - who has been in the job since 2001 - will be standing down to become chief executive of Marshall Motor Group.

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First-quarter profits motor ahead at Pendragon

19th Apr 2023 08:45

(Sharecast News) - Pendragon reported a jump in first-quarter profits on Wednesday, putting the car dealership on track to beat full-year expectations.

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Pendragon reports on strong 2022 performance

22nd Mar 2023 07:51

(Sharecast News) - Automotive retailer Pendragon announced a strong financial performance in its full-year results on Wednesday.

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Pendragon FY profit seen 'slightly' ahead of expectations

25th Jan 2023 09:02

(Sharecast News) - Car dealer Pendragon said on Wednesday that full-year profit was set to be slightly ahead of market expectations following a strong end to the year.

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Berenberg resumes coverage on Pendragon at 'buy'

13th Jan 2023 09:16

(Sharecast News) - Analysts at Berenberg resumed coverage on used car dealers Pendragon at 'buy' on Friday after suspending its coverage on the stock back in September, stating the firm was now "back to business".

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Hedin ditches pursuit of Pendragon, cites uncertain outlook

9th Dec 2022 07:20

(Sharecast News) - Hedin said on Friday that it would no longer pursue a takeover of car dealership Pendragon, citing an uncertain outlook.

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Pendragon extends deadline for possible offer from Hedin Group

21st Nov 2022 07:13

(Sharecast News) - Pendragon announced a further extension to the put-up-or-shut-up deadline on a possible takeover by Hedin Mobility Group on Monday.

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Pendragon delivers 'strong' Q3 trading performance

25th Oct 2022 08:41

(Sharecast News) - Automotive retailer Pendragon said on Tuesday that it had delivered "a strong trading performance" in the three months ended 30 September, with gross profit maintained at "the exceptional level" seen in the third quarter of 2021.

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Pendragon extends due date as it mulls Hedin Group offer

24th Oct 2022 11:22

(Sharecast News) - Pendragon updated the market on the unsolicited offer from Hedin Mobility Group on Monday, confirming an extension to the put-up-or-shut-up deadline.

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Shares in Pendragon jump on takeover approach

26th Sep 2022 10:13

(Sharecast News) - Shares in Pendragon motored ahead on Monday after the car dealership received a £406m takeover approach from its largest shareholder.

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Pendragon first-half profits, revenue grow

21st Sep 2022 09:34

(Sharecast News) - Car dealership Pendragon reported a rise in first-half pre-tax profit and revenues on Wednesday as it hailed an encouraging start to the year.

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