Difficult market prompts takeovers; IN ASSOCIATION WITH Rensburg Sheppards.CAR dealership group Pendragon Pen´drag`on n. 1. A chief leader or a king; a head; a dictator; - a title assumed by the ancient British chiefs when called to lead other chiefs. The dread Pendragon, Britain's king of kings. - Tennyson. yesterday said it was on the hunt for more acquisitions as it looked to overcome tough market conditions. The Nottingham-based group, which operates under the Evans Ev·ans , Herbert McLean 1882-1971. American anatomist who isolated four pituitary hormones and discovered vitamin E (1922). Halshawand Stratstone brands, has been hit by a slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. in consumer demand following recent interest rate hikes and sawadjusted pre-tax pre-tax adj → anterior al impuesto pre-tax adj → avant impôt(s) pre-tax adj → al lordo d'imposta profits slip from pounds 51.5m to pounds 33.5m in the six months up to June June: see month. 30. B ut shares in the company jumped 10%as chief executive Trevor Finn said he was seeking acquisition opportunities as difficult trading conditions forced smaller players to exit the market. Group revenues increased by pounds 77.3mto pounds 2.7bn in the first half as the company benefited from a series of acquisitions and disposals over the last 18 months following an overhaul of its property portfolio. On a like-for-like basis though revenues were down 3%as the number of cars sold fell behind the group's expectations amid a "difficult" used car market. |
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