US EditionGroup 1 posts positive Q1 performance following UK restructure
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Group 1 reports record UK gross profits and turnover in Q1
Group 1’s UK business turned in a record performance in the first quarter of 2025 with gross profits up 109.6% to $217m (£163m) on turnover ahead 92% to $1.58bn. The big increases reflect the group’s purchase of Inchcape Retail in the third quarter of 2024 added 54 dealerships in the UK, doubling its size. It also added five dealerships through transactions completed in the fourth quarter of 2024 and the current quarter. The group continues with…
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