Cambria has acquired the Jaguar and Land Rover franchises in South Woodford (North East London). The effective historic multiple being paid is <4x EV/EBITDA. Based upon usage of existing premises, we have upgraded Aug17 and Aug18 EPS forecasts by 6%. However, on a successful relocation to new premises, to which it is committed, we see scope to significantly increase profit in this attractive and complementary territory. With a positive current trading update, and recent formal presentations re-i ....
06 Jul 2016
N+1 Singer - Cambria Automobiles - Enhancing Jaguar Land Rover acquisition
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N+1 Singer - Cambria Automobiles - Enhancing Jaguar Land Rover acquisition
- Published:
06 Jul 2016 -
Author:
Matthew McEachran -
Pages:
5
Cambria has acquired the Jaguar and Land Rover franchises in South Woodford (North East London). The effective historic multiple being paid is <4x EV/EBITDA. Based upon usage of existing premises, we have upgraded Aug17 and Aug18 EPS forecasts by 6%. However, on a successful relocation to new premises, to which it is committed, we see scope to significantly increase profit in this attractive and complementary territory. With a positive current trading update, and recent formal presentations re-i ....