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Lookers PLC Ord 5P (LOOK)

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25-May-2021 08:51 AM

Lookers upgrades profit outlook as momentum continues

Motor retail and aftersales service group Lookers upgraded its outlook on annual profit as momentum seen in the first quarter of the year continued. Underlying pre-tax profit was expected to 'comfortably exceed current market consensus p[of £
26-Apr-2021 08:36 AM

Lok'nStore ups dividend after core earnings rise in H1

Self-storage company Lok'nStore raised its dividend after reporting higher core earnings in the first half of the year thanks to a climb in revenue. For the six months to 31 January 2021, adjusted earnings before losses or profits on disposal, shar
08-Apr-2021 09:08 AM

Lookers sees profit 'materially ahead' of market expectations following strong Q1

Motor retail and aftersales service Lookers said it expected profit to be materially ahead of market expectations after first-quarter results topped its expectations on increased demand from digital channels. For the three-month period ended 31 March 202
18-Mar-2021 10:06 AM

Lookers upgrades outlook on profit amid ongoing recovery

Motor retail and aftersales service group Lookers said it now expects to report underlying pre-tax profit compared with market forecasts for a small loss. The company expects to report an underlying pre-tax profit of about £10 million, up from &pou
29-Jan-2021 09:39 AM

Lookers swings to H1 loss as revenue slumps; appoints new COO

Motor retail and aftersales service group Lookers swung to a first-half loss as revenue slumped following the impact of the national lockdown in November. The company also said it had appointed Duncan McPhee as chief operating officer. Most recently, Mc
06-Jan-2021 01:22 PM

Lookers appoints interim CFO

Lookers has appointed Anna Bielby as director and interim chief financial officer with immediate effect. Bielby is joining the UK motor retail and aftersales service group with a wealth of experience. Trained as a chartered accountant with PwC, she held
04-Jun-2020 09:00 AM

Lookers to cut up to 1,500 jobs amid plans to close more dealerships

Lookers said it would cut up to 1,500 jobs as the car dealership looked to close more of its sites in the UK amid plans to deliver savings of about £50m. The move came as the company considered its future structure in light of potential demand, a s
05-Feb-2020 10:30 AM

Broker Forecast - Peel Hunt issues a broker note on Lookers PLC

Peel Hunt today reaffirms its hold investment rating on Lookers PLC (LON:LOOK) and raised its price target to 60p (from 45p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
05-Feb-2020 08:11 AM

Lookers new car sales fall 6.6% in Q4; appoints Mark Raban as CEO

UK motor retailer Lookers said new car sales fell 6.6% in the fourth quarter amid increased costs and political uncertainty. But the company said used car sales remained stable. Lookers also announced the appointment of Mark Raban as chief executive
01-Nov-2019 08:21 AM

Lookers warns on profit; CEO and COO to step down

Lookers said that chief executive Andy Bruce and chief operating officer Nigel McMinn had agreed to step down after the car retailer warned on profit. The company said ongoing weakness in consumer confidence amid political uncertainty, plus rising costs,
15-Aug-2019 12:20 PM

Broker Forecast - JP Morgan Cazenove issues a broker note on Lookers PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Lookers PLC (LON:LOOK) and raised its price target to 48p (from 47p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Aug-2019 09:03 AM

Lookers profits fall short of estimates amid challenging UK market conditions

Car retailer Lookers missed its expectations as half-yearly profits fell by more than expected amid an ongoing backdrop of challenging UK market conditions. For the six months ended 30 June 2019, underlying pre-tax profits fell 27.5% to £29.2m, wh
15-Jul-2019 10:30 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Lookers PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Lookers PLC (LON:LOOK) and cut its price target to 47p (from 98p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-Jul-2019 10:20 AM

Broker Forecast - Liberum Capital issues a broker note on Lookers PLC

Liberum Capital today reaffirms its buy investment rating on Lookers PLC (LON:LOOK) and cut its price target to 68p (from 119p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-Jul-2019 09:50 AM

Broker Forecast - Peel Hunt issues a broker note on Lookers PLC

Peel Hunt today downgrades its investment rating on Lookers PLC (LON:LOOK) to hold (from buy) and cut its price target to 45p (from 150p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-Jul-2019 08:24 AM

Lookers warns on profits amid falling demand, rising costs

Car retailer Lookers warned that its profits would take a hit this year amid falling consumer demand for cars and rising costs. The company downgraded its outlook on underlying profit before tax to be approximately £32m, down from £43m in the
31-May-2019 08:56 AM

Lookers reports 'positive' first quarter as 'strong momentum' in used car, after sales divisions con

UK motor retail and aftersales service group Lookers said performance in the first quarter was 'positive' amid continued 'strong' momentum in its used car and aftersales businesses. In the three months to 31 March, turnover of new c
21-Mar-2019 10:10 AM

Broker Forecast - JP Morgan Cazenove issues a broker note on Lookers PLC

JP Morgan Cazenove today downgrades its investment rating on Lookers PLC (LON:LOOK) to neutral (from overweight) and cut its price target to 98p (from 129p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.
14-Mar-2019 08:20 AM

Broker Forecast - Liberum Capital issues a broker note on Lookers PLC

Liberum Capital today reaffirms its buy investment rating on Lookers PLC (LON:LOOK) and cut its price target to 126p (from 138p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
13-Mar-2019 08:50 AM

Lookers profits slide as new car sales hit reverse

UK motor retailer Lookers said Wednesday profits slipped by almost a tenth as falling new car sales weighed on revenue. For the year ended 31 December 2018, pre-tax profits fell 9% to £53.1m and revenue increased 4% to £4.88bn. Growth in
13-Mar-2019 08:30 AM

Broker Forecast - Liberum Capital issues a broker note on Lookers PLC

Liberum Capital today reaffirms its buy investment rating on Lookers PLC (LON:LOOK) and cut its price target to 138p (from 145p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
07-Nov-2018 09:49 AM

Lookers aftersales service, used car sales growth offsets stuttering new car sales

UK motor retail group Lookers said Wednesday improved aftersales service and used car sales growth helped offset falling new cars sales in the third quarter of the year. Turnover and volumes of new cars reduced by 7% in the nine months through September,
15-Aug-2018 09:43 AM

Lookers revenues rise but profits slide on tough comparative

UK motor retail and aftersales service groups Lookers said Wednesday adjusted first-half profit before tax slipped against a tough comparative from last year. For the six months to 30 June, profit before tax rose 2% to £45.7m from £44.6m a y
15-Aug-2018 08:50 AM

Broker Forecast - Numis issues a broker note on Lookers PLC

Numis today reaffirms its buy investment rating on Lookers PLC (LON:LOOK) and raised its price target to 140p (from 130p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
04-May-2018 04:30 PM

Broker Forecast - Peel Hunt issues a broker note on Lookers PLC

Peel Hunt today reaffirms its buy investment rating on Lookers PLC (LON:LOOK) and set its price target at 150p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...

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