Source - SMW
Sports car retailer Cambria Automobiles said trading in the first five months of its financial year was ahead on-year, both on a total and like-for-like basis.

New vehicle unit sales for the five months through January fell 23%, hurt by the introduction of new emissions testing rules and a weaker pound pushing up the price of imported cars.

Used vehicle sales fell 11.2%, but Camrbia said the fall was offset by a continued rise in profit per unit after it changed its product mix and shut a site in Blackburn.

Revenue in the aftersales unit rose 6.7%, while gross profit rose 4.3%

Cambria said challenges remained, given the ongoing uncertainty around Brexit.

However, it said its franchising and property development activities had enhanced its dealership portfolio mix.


At 2:29pm: (LON:CAMB) Cambria Automobiles PLC share price was -0.5p at 64.5p