Scotland’s family-owned and operated John Clark Motor Group is actively in search of out acquisition targets after celebrating a report 2022.

The group which heads a diversified franchise portfolio and used car gross sales operations throughout websites in North, East and Central Scotland posted report 2022 pre-tax income of £25.3 million in comparison with £24.1 million in 2021 on turnover which rose £4 million to £914.3 million – regardless of fewer automobiles being offered.

Solely 11,308 new automobiles have been offered final yr in comparison with 12,065 in 2021 whereas used automotive gross sales have been 18,304 down in opposition to 20,831 in 2021.

Even so, the group pursued an bold funding programme which included a brand new Aberdeen property, completion of a major new facility in Edinburgh for Volvo Vehicles and an extra freehold facility in Dundee.

​​Chris Clark, group managing director, mentioned that regardless of the numerous funding over during the last 14 years, income generated throughout that interval had strengthened the group’s stability sheet which left it “nicely positioned to decide to recent services funding in addition to actively pursue future acquisition alternatives”.

The enterprise disclosed it was planning additional funding at different websites in Aberdeen, Stirling, and Dunfermline.

Clark mentioned that traditionally excessive new car buyer orders meant the group would once more generate constructive buying and selling outcomes this yr with projected full yr turnover pegged at £1 billion.

Clark counseled the exhausting work and energy of the enterprise staff and mentioned a key precedence had been the prolonged help to assist workers deal with the affect of the price of dwelling disaster.

“We did this by way of a mixture of focused wage critiques, provision of further momentary value of dwelling help measures and utilisation of retailer advantages platforms, which have been all nicely obtained and helped us to enhance our colleague satisfaction and retention ranges.”

Worker headcount noticed a slight enhance from 1,269 to 1,304 and Clark added that the enterprise was dedicated to persevering with to spend money on its inner coaching and growth programmes in addition to in creating its apprentice programme.