Fleet News

CD Bramall in online sales deal

CD Bramall, one of the largest motor distributors in the UK, has announced a deal to supply online car retailer Oneswoop with UK-sourced cars.

The agreement could extend to include used cars and commercial vehicles offered for sale through Oneswoop. CD Bramall has also announced record pre-tax profits of £11 million. Turnover for CD Bramall was up 12.5% at £495.2 million this year compared to £440.2 million in 2000.

Operating profit increased 12.7% from £11.7 million to £13.2 million. Pre-tax profit was up 9.9% at £11 million. Last year it was £10 million.

But the company's rental and leasing division saw a reduction in profits. Chairman Tony Bramall said: 'The company has suffered from two bad debts during the year and incurred the final costs of bringing together Albany Lease, BMG Contract and Bramall Leasing into one administrative head office.'

The company retains its 37.5% shareholding in Thrifty, which reversed the losses of the second half of 2000 to effectively break even at the half-year mark.

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