Lookers plc - Analyst interview, Zeus Capital
Lookers' strategy is to have the right brands and locations alongside excellent execution. The company was founded as a bicycle retailer in 1908, to become a high performing business with a diverse commercial portfolio. Today, the company's three divisions are Automotive, Agricultural and Leasing.
Chester Road, Manchester
Zeus Capital provide their view on Lookers plc who delivered a record set of H1 results with adjusted PBT 7% ahead of their forecast. Zeus believe the shares represent good value at present and given the strength of the balance sheet and management track record they believe they are well positioned going forward.