8:27 am, October 1, 2026
Franchised dealer group Waylands has announced another year of rising profits for 2025.
Accounts, recently filed via Companies House, show that the firm posted improvements in profit, turnover and EBITDA in a stellar 12 months to the end of last December.
The documents show that the Reading-based retailer made a pre-tax profit of £4.14m, up from £3.1m this time last year,
That growth was supported by improved revenue, which soared from £198.03m in 2024 to a record-breaking £266.17m this time around.
The improvement was made possible through improved new and used car sales. According to the accounts, Waylands increased new vehicle volumes increased from 3,674 to 4,939 in 2025, while used vehicle sales climbed from 4,347 to 5,752.
Aftersales revenue also rose sharply, reaching £29.2m, up from £23.5m the previous year.
Elsewhere, EBITDA – the measure by which the Car Dealer Top 100 is ranked – grew for the seventh year in a row to reach £7.79m.
The year also saw a significant expansion of the group’s operations, with the firm adding Honda, Omoda and Jaecoo sites in Bristol, as well as entering Wales for the first time with the opening of a new Honda Cardiff site.
Overall, a further £7m was committed to developments during 2025, including £5.2m of freehold property acquisitions.
Bosses say the impressive results came against a ‘backdrop of continued inflationary environment and increased levels of business taxation’ and targeted further growth in the future.
John O’Hanlon, CEO at Waylands, said: ‘2025 was another record year for Waylands, with strong growth across vehicle sales, aftersales and profitability.
‘This performance, achieved against a challenging economic backdrop, reflects the strength of our strategy and the commitment of colleagues across the group.
‘Our expansion in Bristol and into Cardiff has given the business greater scale and broadened our manufacturer partnerships, while continued investment in our properties, technology and people is building a strong platform for sustainable growth.
‘Seven consecutive years of EBITDA growth is a significant achievement, but we remain focused on the future and on delivering consistently for our customers, colleagues and manufacturer partners.’
Elsewhere, as Waylands’ network continued to expand, so to did its staffing costs, which came in at an increased £18.02m with an average workforce of 408 employees.
At the same time, directors remuneration also rose from £944,792 to £1.29m.
The company did not recommend a dividend for the year, with profits instead being retained in the business to support continued investment.