15 Jan 2015 16:08
15 January 2015
Cambria Automobiles plc
(the "Company")
AIM: CAMB
Results of AGM
The Company is pleased to announce that, at the Annual General Meeting held earlier today, all resolutions were duly passed.
Enquiries:
Cambria Automobiles Mark Lavery, Chief Executive James Mullins, Finance Director
| Tel: 01707 280 851 |
N+1 Singer - NOMAD & Joint Broker Jonny Franklin-Adams / Jen Boorer
| Tel: 020 7496 3000 |
Zeus Capital - Joint Broker Adam Pollock
| Tel: 020 7533 7727 |
Tavistock Keeley Clarke / Emma Blinkhorn / Matt Ridsdale | Tel: 020 7920 3150 |
About Cambria
www.cambriaautomobilesplc.com
Cambria was established in 2006 with a strategy to build a balanced motor retail group, through close cooperation with its manufacturer partners and the acquisition and turnaround of underperforming businesses.
The Group now comprises 28 dealerships, representing 45 franchises and 18 brands, in a balanced portfolio spanning the high luxury, premium and volume segments.
The Group operates dealerships across England with a geographical spread from the North West through the Midlands, down to Kent in the South East and across as far as Exeter in the South West, trading under local brand names, including, County Motor Works, Dees, Doves, Grange, Invicta, Motorparks and Pure Triumph.
Cambria's brand portfolio currently comprises Abarth, Alfa Romeo, Aston Martin, Chrysler Jeep, Citroen, Dacia, Ford, Fiat, Honda, Jaguar, Land Rover, Mazda, Nissan, Renault, Seat, Triumph, Vauxhall and Volvo.
The Group's success in turning around underperforming dealerships has enabled Cambria to build a strong balance sheet. As a result, as well as looking at the acquisition of underperforming dealerships, the Group is now in a position to consider acquisitions which are earnings enhancing from the outset, further strengthening Cambria's brand portfolio mix and progressing towards its stated ambition to create a Group with annual revenues of over £1 billion.