Cambria was established in 2006 with a strategy to build a balanced motor retail group, through close cooperation with its manufacturer partners and the self funded acquisition and turnaround of under-performing businesses. This strategy has proved very successful.

Following the acquisition of County Motor Works in January 2013, the Group now comprises 27 dealerships, representing 42 franchises and 17 brands, in a balanced portfolio spanning the high luxury, premium and volume segments.

The Group operates dealerships across England with a geographical spread from the North West through the Midlands, down to Kent in the South East and across as far as Exeter in the South West, trading under local brand names, including, Dees, Doves, Grange, Invicta, Motorparks and Pure Triumph.

Cambria's brand portfolio currently comprises Abarth, Alfa Romeo, Aston Martin, Chrysler Jeep, Citroen, Dacia, Ford, Fiat, Honda, Jaguar, Mazda, Nissan, Renault, Seat, Vauxhall, Volvo and Triumph.

Our success in turning around under-performing dealerships has enabled Cambria to build a strong balance sheet. As a result, the Group is now in a position to consider acquisitions which are earnings enhancing from the outset, strengthening Cambria's brand portfolio mix further and fulfilling our national ambitions to create five regional clusters, each with a turnover of £200 million.


http://www.cambriaautomobilesplc.com/our_brands

http://www.cambriaautomobilesplc.com/index.jsp

​Hot on the heels of Vertu Motors yesterday, Cambria Automobiles has come out with a positive trading update.

Who do you chose: Vertu Motors or Cambria?

See more at: http://www.investorschampion.com/blog/ or http://tinyurl.com/njk2b74

Pre-close Trading Update and Notice of Results
RNS
RNS Number : 7080G
Cambria Automobiles Plc
06 March 2015

6 March 2015



Cambria Automobiles plc

("Cambria" or the "Group")

AIM: CAMB



Pre-close Trading Update and Notice of Results



The Board of Cambria, the franchised motor retailer, is pleased to announce the following pre-close trading update ahead of the announcement of the Group's results for the six months to 28 February 2015.



Trading Update



Further to the trading update issued on 15 January 2015, the trading performance in the first five months of the current financial year has been substantially ahead of the corresponding period in 2013/14 and in line with recently upgraded market expectations.



New vehicle unit sales increased by 17.1% (9.9% on a like-for-like basis), against a market up 7.9%. New car margins remained strong and the Board anticipates that new car volumes will remain robust throughout 2015. Used vehicle sales also performed well: unit sales were 2.1% ahead of the same period last year (flat on a like-for-like basis), with gross profit per unit continuing to increase. Growth in the Group's aftersales operations also continued, with profitability currently up 7.7% year-on-year.



Heading into the important March trading period, the new car order book is building well, and the Board expects the Group to deliver a strong trading performance in this crucial month.



Following on from the successful acquisitions of Barnet Land Rover and Jaguar the Board continues to explore acquisition opportunities that will further develop the Group in line with its stated strategy.



The Board views the outlook for the remainder of the financial year with confidence.



Notice of Results



Cambria will announce its interim results for the six months ended 28 February 2015 on Tuesday 12 May 2015.

On Tuesday, Cambria Automobiles PLC (CAMB:LSE) closed at 59.00, 0.00% below its 52-week high of 59.00, set on May 05, 2015.

A buy in this weeks IC

ST of IC today - Target price

Having assessed the risks, and assessed the chart set-up and likely newsflow, I feel that Cambria's shares are worth buying ahead of a pre-close trading statement in early September and ahead of the full-year results in November. A close above the June high of 61.5p would take the shares into blue sky territory and signal that the next leg up in the share price has started. A rally towards my target price of 75p, equating to a fiscal 2016 earnings multiple of 12, would then be on the cards.

Offering 30 per cent share price upside, I rate Cambria shares a buy on a bid-offer spread of 56p to 57.5p on a six month basis. Please note that Cambria's top six shareholders own 64.6 per cent of the issued share capital of 100m shares, but the shares are still readily tradable and within the spread in bargains above the electronic market size of 3,000 shares.

ST of IC today - I am more than comfortable with analysts' predictions that EPS will rise from 5.4p to 6.3p in the 12 months to end August 2016 and for the dividend to be hiked again to 0.8p a share. This means that the shares are currently rated on 11.5 times fiscal 2016 earnings estimates and offer a 1.1 per cent prospective dividend yield which still doesn’t seem too punchy for a company where the risk to earnings is on the upside. Run profits.

ST of IC - Run profits

Preliminary results


· Strong balance sheet - net assets £33.7m

· Strong operational cash flows, cash position of £15.4m (2013/14: £10.3m)

· Net cash of £1.0m (2013/14: net debt £4.6m) after significant investment in April 2015

· Return on Equity at 19.6% (2013/14: 15.9%)

· Proposed final dividend of 0.6p, full year up by 25.0% to 0.75p per share (2013/14: 0.6p)

· Post year-end, new £37.0m, 5 year banking facilities arranged, including an undrawn £22m revolving credit facility, providing additional funding capacity



Operational Highlights



· Growth in new vehicle sales of 9.0%

· New car retail profit per unit increased 12.6%

· Increase in used vehicle unit sales of 4.4%

· Used car profit per unit increased by 5.3%

· Increase of 7.8% in service and bodyshop hours sold

· Barnet Jaguar Land Rover acquisition from June 2014 integrating well with profit contribution in line with expectations

· Swindon Land Rover acquired on 30 April 2015 for £7.6m, integrating well and contributed in line with expectations

ST of IC today - Cambria's shares should offer decent mileage to my upgraded target price of 90p. That’s marginally above the 86p fair value estimate of Matthew McEachran of broking house N+1 Singer, but significantly less than the 116p medium-term target of Mike Allen at Zeus Capital. Needless to say, on a bid-offer spread of 70p to 73p, and offering a further 23 per cent potential upside, I rate Cambria's shares a buy.

Should perform well into 2016, with new car registrations tipped still to perform well.

2016 share tips the Guardian -

David Hellier

Shares in Cambria Automobiles, the motor dealership, have been climbing steadily of late and currently stand at an all-time high of 80p, up 70% over the 2015. There is reason to think they have much further to go. Annual profits came in 43% ahead of the previous year and above expectations at £7.7m.

Such is the momentum in the business that Zeus Capital, the group’s joint brokers, are upping their earnings forecasts for 2016 and 2017 by 4%. The dealership is favoured by Aston Martin and Land Rover, and the group has a history of buying underperforming dealerships and turning them around.

Thanks for the heads up D/C with this one, a cracking chart.

Good news about the record car sales expected to go on through 2016.

Nice chart DC - do you know if their trading update is imminent?

It has been mid January for the last 2 years.

Spot on skinny, sorry for the delay watching judge Rinder.


The Company also gives notice that the Annual General Meeting of the Company will be held at 10am on 14 January 2016

Thanks - I couldn't find it after a cursory glance at their website.

I had to dig deep. :-))

Acquisition and Disposal
RNS
RNS Number : 3697L
Cambria Automobiles Plc
11 January 2016

11 January 2016



Cambria Automobiles plc

("Cambria" or the "Group")

AIM: CAMB



Acquisition and Disposal



Acquisition

Cambria, the franchised motor retailer, is pleased to announce that on 8 January 2016 it completed the acquisition of the trade and assets of the Land Rover franchise in Welwyn Garden City, Hertfordshire from Jardine Motors Group, for a total cash consideration of £10.8 million. This dealership is located approximately two miles from the Group's Jaguar and Aston Martin franchises on Great North Road, Welwyn Garden City. The Group now operates 3 Land Rover dealerships under the Grange trading name.



The consideration for the acquisition comprises £10 million of goodwill, £0.1 million for fixed assets, with the remaining £0.7 million for used vehicles, parts stock and apportionments. The acquisition is being funded from the Group's newly refinanced banking facilities.



The acquired dealerships' management accounts for the year ended 31 December 2015 show unaudited revenue of £54 million and Cambria estimates the profit before tax for the same period was £2.5 million. It is anticipated that this acquisition will be immediately earnings enhancing for the Group in the second half of the financial year to 31 August 2016.



Disposal

The Group also announces that it has signed Heads of Terms to dispose of its Grange Jaguar franchise in Exeter to Helston Garages Limited. The consideration for the disposal is expected to be in the region of £1.3 million (subject to final adjustment and preparation of completion accounts) and includes £1.2 million for Goodwill. It is anticipated that this deal will complete in the coming few weeks and further announcements will be made at the appropriate time.



The Group is simultaneously closing its Aston Martin boutique which is located in the same premises, to facilitate the transaction. The closure of the Aston Martin boutique in Exeter is in line with the Aston Martin franchise network restructuring strategy, and the Group continues to work closely with Aston Martin to enhance its partnership with the brand, as a result of which the Group anticipates adding another Aston Martin franchise to the Group's portfolio in the short to medium term. The combined Jaguar and Aston Martin Franchises at the Exeter dealership had revenue of £20 million and made a positive net profit contribution to the Group of £0.5 million in the 2015 financial year.



Both the Acquisition and Disposal of the businesses above are in line with the Jaguar Land Rover strategy that both the Jaguar and Land Rover brands are to be represented by the same dealer in a given franchise territory. The Group continues to work with Jaguar Land Rover to develop its Brand Partnership.



Following these transactions, the Group will operate a total of 29 dealerships representing 44 franchises and 17 brands across the UK.



Mark Lavery, Chief Executive Officer of Cambria, said:



"We are pleased to have acquired this Land Rover franchise in Welwyn Garden City, which complements the Group's Jaguar and Aston Martin site nearby. The acquisition represents further delivery of our strategy to develop our portfolio of premium and high luxury franchises, while acquiring immediately earnings enhancing businesses.



"The disposal of our Jaguar franchise in Exeter is in line with the Group's reorganisation to ensure compliance with Jaguar Land Rover's network strategy. The closure of our Aston Martin boutique is in line with Aston Martin's network restructuring and we remain excited about the potential to continue to develop our partnership with Aston Martin in the short to medium term."