Pendragon (PDG)

Sector:

Retailers

Index:

FTSE Small Cap

23.00p
   
  • Change Today:
    -0.40p
  • 52 Week High: 28.80p
  • 52 Week Low: 15.35p
  • Currency: UK Pounds
  • Shares Issued: 1,396.94m
  • Volume: 381,868
  • Market Cap: £321.30m
  • RiskGrade: 288

Pendragon lifts full-year profit guidance

By Michele Maatouk

Date: Wednesday 01 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Motor retailer Pendragon lifted its full-year profit guidance on Wednesday as it hailed a strong performance to date in the fourth quarter.
Although it remains cautious about potential further disruption from Covid-19, the company now expects underlying pre-tax profit for the year to the end of December 2021 of around £80m, up from previous guidance of £70m.

Pendragon said it has continued to perform strongly in the first two months of the fourth quarter. While the shortfall in the supply of new vehicles persists, customer demand and order levels have continued at a higher level than last year.

"Despite demand outpacing deliveries, the shortfall in October and November was lower than we had previously anticipated and performance has been supported by a strong gross profit per unit," it said.

"In addition, we are continuing to see robust performance in used vehicles following successful implementation of the group's strategy, which continues to drive improved gross profit per unit, underpinned by favourable market conditions. The overall group performance continues to be supported by cost and efficiency savings realised through the successful delivery of the strategy."

At 0805 GMT, the shares were up 5.9% at 19.69p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Pendragon Market Data

Currency UK Pounds
Share Price 23.00p
Change Today -0.40p
% Change -1.71 %
52 Week High 28.80p
52 Week Low 15.35p
Volume 381,868
Shares Issued 1,396.94m
Market Cap £321.30m
RiskGrade 288

Pendragon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.99% above the market average84.99% above the market average84.99% above the market average84.99% above the market average84.99% above the market average
74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average
Price Trend
91.44% above the market average91.44% above the market average91.44% above the market average91.44% above the market average91.44% above the market average
96.15% above the sector average96.15% above the sector average96.15% above the sector average96.15% above the sector average96.15% above the sector average
Income Not Available
Growth
11.17% below the market average11.17% below the market average11.17% below the market average11.17% below the market average11.17% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Pendragon Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-19 20-Sep-18
Paid 30-May-19 23-Oct-18
Amount 0.70p 0.80p

Trades for 27-May-2022

Time Volume / Share Price
16:35 14,639 @ 23.00p
16:27 8,506 @ 23.30p
16:26 1,036 @ 23.40p
16:18 2,054 @ 23.40p
16:14 946 @ 23.50p

Pendragon Key Personnel

COO Martin Shaun Casha
CFO Mark Simon Willis
CEO William Berman

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