Lookers increases its 2015 full year dividend by 10%

DividendMax Ltd.

Lookers increases its 2015 full year dividend by 10%

Seventh successive year of profit growth:

Revenue increased 20% to £3.65 billion (2014: £3.04 billion)

Operating profit increased 12% to £85.9 million (2014: £76.6 million)

Adjusted profit before tax increased 11% to £72.1 million (2014: £65.0 million)

Profit before tax increased by 6% to £62.8 million (2014: £59.2 million)

Earnings per share up 7.1% at 12.88p (2014: 12.03p)

Adjusted earnings per share up 12.7% at 15.24p (2014: 13.52p)

Proposed final dividend of 2.05p per share - total dividend per share up 10% at 3.12p (2014: 2.84p)

Banking facilities renewed and extended, providing committed and secured funding until 2020

Major acquisition of Benfield Motor Group

Companies mentioned