Allan said strong profit growth reported in 1995 was maintained during 1996, largely thanks to strong used car performances and the success of Perry Group's Nationwide Crash Repair Centres - both of which would be further expanded this year.
Plans are also in the pipeline for Perry Group's accident management company, which now looks after more than 100,000 vehicles. The motor division saw new vehicle sales increase by 6% in 1996, while used vehicle sales rose by 14%. Turnover for the group's contract hire operation dropped by £19,000, remaining just above the £7 million mark. However, Allan said it had shown a respectable performance and that there was still potential for contract hire despite an influx of companies entering the market.
Login to comment
Comments
No comments have been made yet.