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John Clark Motor Group reports record results

Time 8 years ago

MINIJOHN Clark Motor Group has reported record results for the third year in a row.

This follows the announcement that the group’s turnover increased to £354m from £308m in 2012, representing a 15 per cent increase over the 12-month period.

The company also reported a 20 per cent uplift in terms of new vehicle sales to a record high of 8,483 units sold during 2012, while used car results also increased by 17 per cent to 7,079 vehicles over the same period.


Operating profit before interest rose by 12 per cent in 2012 to reach £5.7m while group pre-tax profit reached £4.4m compared with £3.8m in 2011.

Meanwhile, the group has reported record vehicle sales for September 2013 with more than 3,000 units sold, representing a 36 per cent increase over the same period last year – the 27th month in a row that the company has seen a growth in vehicle sales across the group.

Chairman and managing director of John Clark Motor Group, John Clark, said: ‘Our commitment to providing premium brands and quality service to our customers continues to be reflected in the results that we, as a group, have realised. The economic climate remains challenging, however we have retained our focus on working capital controls and the resultant cash liquidity has contributed directly to the rise in group pre-tax profit.

‘Turnover in the aftersales elements of the business has also continued to increase. We have maintained our focus on implementing aftersales initiatives which focus squarely on improving customer satisfaction and retention, as well as attracting new business.’


He added: ‘Customer focus is also key to our continued success. Earlier this year we acquired two additional Land Rover dealerships and added Jaguar to our portfolio thereby extending the range of premium brands we can offer our customers. We have also invested in the region of £8m as part of our commitment to Aberdeen.

‘We continue to invest both in our people and our facilities to ensure we can maintain our focus on customer satisfaction thereby strengthening our position within the Scottish, and indeed the UK, automotive sector.’

 

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