Reply To: Motability losses 📉

#298960
Al3xT
Participant

    Sorry, my post was a bit blunt. I did not mean to be rude.

     

    The 2024 loss is largely due to one-off non-cash adjustments (such as revaluation of used car values and depreciation changes) rather than a decline in core sales performance. When these items are removed, the “underlying” pre‑tax loss shrinks to about £130 million, a much smaller figure that would be more favorably viewed against the backdrop of increased sales and revenue.

     

    Long story short I don’t think this will have any impact on AP.