Fleet News

H R Owen reports 53% pre-tax cut

PRESTIGE vehicle specialists H R Owen has reported a 53% cut in pre-tax profits for the year to December 31, 2000 of £1.8 million (1999: £3.8 million) on turnover up 4% to £497.6 million (1999: £480.5 million).

The company, which operates from 44 showrooms, says that following a year of 'continuing change and exceptionally difficult trading conditions' it is now 'well placed to capitalise on future opportunities'.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee