Caffyns Completes Sale of Lewes Property
Motor vehicle retailer Caffyns completes sale of freehold property
Motor vehicle retailer Caffyns completes sale of freehold property
The automotive retailer reported a 73% increase in underlying profit before tax, with revenue up 3%. New car deliveries and used car sales volumes rose, while aftersales revenues grew by 8%.
The retailer has announced the sale of a freehold property, which is considered a significant transaction. However, the limited details provided make it difficult to assess the full impact.
Motor vehicle retailer Caffyns sells freehold property for £4.65 million, strengthening its balance sheet.
Director-level change at motor vehicle retailer Caffyns plc
Automotive retailer Caffyns Plc reports substantial declines in profitability and cash flow due to market challenges.
Caffyns PLC, a UK auto dealer, reports a director transaction.
UK auto dealer Caffyns PLC sees major shareholder increase stake
UK car dealership Caffyns plc
UK car dealership Caffyns sees stake rise