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31st Jul 2010
 
Results at a Glance
Half Year to 30 September 2009    
  2009 2008
  £’000 £’000
     
Revenue 89,570 84,588
     
Adjusted EBITDA * 2,004 (874)
     
Adjusted operating profit/(loss) * 1,364 (1,616)
     
Non-recurring items (25) (18)
     
Adjusted profit/(loss) before tax * 710 (2,118)
     
Profit/(loss) before tax 685 (2,136)
     
     
  p p
     
Earnings/(loss) per share 16.6 (72.9)
     
Adjusted earnings/(loss) per share 17.3 (53.5)
     
Interim dividend per share 5.0 2.0
     
* Adjusted for non-recurring items
 
 
Highlights
 
§                Revenue in the period up 6% to £89.6m from £84.6m
§                Profit before tax £685,000 (H1 2008 : Loss £2.1m)
§                Revenue up 14% like-for-like
§                New car unit sales up 18.2% like-for-like, increasing market share
§                Used car sales up 15.1% like-for-like
§                Annual cost reduction of £2.5m
§                Dividend increased to 5p from 2p
§                Strong freehold asset backing
 
 
Financial Calendar
   
Ex-dividend date for final dividend 9 December 2009
   
Record date for final dividend 11 December 2009
   
Annual General Meeting 29 July 2010
   
Announcement of full year results May 2010
Caffyns