Pre-tax profits at car dealerships giant Lookers are set to be "significantly ahead" of current expectations, according to the listed group.
The Altrincham-based company has revealed "positive trends" continued into May and June where it has seen "robust consumer demand and ongoing outperformance" of the 海角视频 retail new car market.
Used vehicle margins also "remain strong benefitting from improving residual values and greater operational focus".
The group added that it continues to benefit from its "enhanced hybrid omni-channel customer offer, and the decisive self-help restructuring initiatives" implemented last year.
A statement issued to the London Stock Exchange said: "As we look forward into the second half of 2021 there remains some uncertainty driven by the ongoing impact of Covid-19 and notable supply restrictions in both new and used vehicles, which have been tightening in recent weeks.
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"Notwithstanding these uncertainties, given the strength of performance during the first half of 2021, the Board expects the full year performance to 31 December 2021 to be significantly ahead of current expectations."
The management-compiled analyst consensus for the group's pre-tax profits for the full year ended 31 December 2021 is currently c.£40m.
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Chief executive Mark Raban said: "Performance in the first six months of the year has been exceptionally strong underpinned by our relentless focus on operational excellence, strong consumer demand, significant market outperformance and a much improved omni-channel customer experience.
"I would like to thank the fantastic Lookers team for their considerable efforts and commitment in delivering these results."
In a separate statement, the group confirmed the publication of its results for the 12 months to December 31, 2020, were to be delayed as new auditor BDO LLP "requires slightly more time" to conclude the process.