Fleet News

JCT600 profits

MOTOR group JCT600 has announced increases in turnover and profits compared with last year.

The group's contract hire arm doubled its profit share to £1.3million following strong used car residual values recorded last year. Turnover was up 22% on last year to £415 million while pre-tax profits rose 51% to £11.1 million.

JCT600 put £10 million into new dealership facilities last year and is planning to invest a further £15 million in 2004.

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