Results confirm another strong year, with earnings in line with expectations and stronger than expected cash generation. In line with the sector, the Group has expressed some caution over the New car segment, and we prudently reduce our PBT forecasts by 15% in FY17 and FY18. However, the Group remains well positioned to build on its solid track record of growth. Significant investment in site expansion at the recently acquired Jaguar Land Rover and Aston Martin sites (£31m over the next two year ....
22 Nov 2016
N+1 Singer - Cambria Automobiles - Another strong year and delivery of strategy
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
N+1 Singer - Cambria Automobiles - Another strong year and delivery of strategy
- Published:
22 Nov 2016 -
Author:
Matthew McEachran -
Pages:
6
Results confirm another strong year, with earnings in line with expectations and stronger than expected cash generation. In line with the sector, the Group has expressed some caution over the New car segment, and we prudently reduce our PBT forecasts by 15% in FY17 and FY18. However, the Group remains well positioned to build on its solid track record of growth. Significant investment in site expansion at the recently acquired Jaguar Land Rover and Aston Martin sites (£31m over the next two year ....