Cambria Automobiles is confident of delivering results for the full year in line with the revised market expectations. The company said the board is pleased to report that trading in the second half of the financial year continued strongly following a good first half. Trading in the first 11 months of the financial year was substantially ahead of the corresponding period in 2014/15 on both a total and like-for-like basis. New vehicle unit sales were up 11.0% (like-for-like up 3.8%), with gross profit per retail unit increasing year on year in the total Group and in the like-for-like businesses. Used vehicle sales also performed well, with unit sales 4.4% (like-for-like 2.6%) ahead of the same period in the prior year. Gross profit per unit continued to increase year on year and this improved performance has driven profit growth from the used car segment of the business. The Group's aftersales operations also continued to perform well, with profitability up by 3.7% year-on-year (like-for-like flat).
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