Pendragon PLC reported interim management statement for the period from 1 July 2018 to 25 October 2018. For the period, the company reported group revenue decreased by 7.2% like for like 6.4% total a year ago, due to decline in UK Motor Used and New revenue. Underlying profit before tax was £1.1 million. Underlying EBITDA is below the target range of 1.0 to 1.5.

For the full year of 2018, the company anticipates that underlying profit before tax will be approximately £50 million.