7 January 2021
Cambria Automobiles plc
("Cambria" or the "Group")
Result of AGM
Cambria, the franchised motor retailer, is pleased to announce that, at the Group's Annual General Meeting held earlier today, all tabled resolutions were duly passed.
Mark Lavery, Chief Executive
James Mullins, Finance Director
Tel: 01707 280 851
N+1 Singer - NOMAD & Joint Broker
Mark Taylor / Jen Boorer
Tel: 020 7496 3000
Zeus Capital - Joint Broker
Tel: 020 7533 7727
Alex Beagley / James Styles / Sam Macpherson
Tel: 020 3727 1000
About Cambria - www.cambriaautomobilesplc.com
Cambria Automobiles ("Cambria") was established in 2006 and has built a balanced portfolio of high luxury, premium and volume car dealerships, comprising over 40 franchises representing major brands across the UK. The Group's businesses are autonomous and trade under local brand names, including County Motor Works, Dees, Doves, Grange, Invicta, Motorparks and Pure Triumph.
The Group's strategy is to complement its existing franchise and brand portfolio by acquiring earnings enhancing operations, using its strong balance sheet and disciplined approach to capital allocation.
Cambria's medium term ambition is to create a £1 billion turnover business producing attractive returns on capital.