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Margin pressure at Pendragon

Pre-tax profits at Pendragon, the UK’s largest auto retail group, have risen 14% in 2013 to £38.9 million on a £3.84 billion turnover, itself up 6%.

Pendragon back on track

The UK’s largest auto retail group, Pendragon, has delivered first half financial results ahead of expectations as the benefits of its refinancing package kick in. Revenue was up 5% at just over £2bn on a growing

Margin pressure hits Pendragon profits

Pendragon, the UK’s largest auto retail group, grew its business by almost 8% in the first half of the year but pressure on margins due to increased operating costs meant underlying operating profits were down by

Refinancing pays off for Pendragon

Shares in Pendragon dipped sharply as the group announced full year pre-tax profits for 2011 of £24.0 million, an increase of £13.0m over 2010. They later recovered to end the month trading at around 13p, a

Pendragon fined for paying staff ‘too little’

Pendragon has been fined £5000 and ordered to pay more than £30,000 to 40 of its staff after HM Revenue and Customs ruled that they had been paid less than the minimum wage. HMRC said Pendragon deducted money

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