UK Lookers’ full-year profit is expected to be higher than previously forecast.







Britain’s Lookers Plc said on Wednesday it expected full-year profit to top its earlier forecast as margins were boosted by vehicle shortages, although it warned supply problems were likely to continue into 2022 and beyond.

The group now expects underlying profit before tax for the first half to be around 45 million pounds ($54.79 million), up from 50.3 million pounds a year ago.

($1 = 0.8214 pounds)

Marketzone with Reuters 2022

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Financial data

2022 turnover 4,183M
5,099M
4,845M
2022 net result 58.1M
70.8M
67.2M
trso. net 2022 36.1M
44.0M
41.8M
PER 20225.04x
2022 return4.17%
Capitalization 290M
354M
336M
VE / CA 20220.06x
VE / CA 20230.05x
Number of employees6,287
Floating77.0%


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Average recommendationTO BUY
Number of Analysts3
Last Closing PriceGBX74.00
Average price target120.67GBX
Deviation / Average Target63.1%

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