How do you feel about Lookers plc (LOOK), which describes itself as “one of the UK's leading integrated automotive retail and service groups”? Eight months ago, I described the company as “an avoid for me”, during which time the shares have gone both down and up and have ended little changed. Is the company correct to call today’s full year 2022 numbers an “excellent performance against strong headwinds”, with “strong growth momentum leading to higher profit expectations for 2023”, or not?
A thing about both eyes going a bit blind is that you have to give up your driving licence. I may have felt a bit frustrated about this early last year, but obviously it is very smart to fully adhere to. So I am useless now for people such as Lookers plc (LOOK), which “proudly represents 32 manufacturer brands, selling a huge range of new and used vehicles from 144 franchise dealerships in the UK and Ireland”. But what do I think about it after its first half numbers published today?








