Perrys Group saw profits and turnover on the rise in 2025 with tough trading conditions in the new car market allied to inflationary pressures.
It delivered a 7.7% rise in pre-tax profits to £2.8m on turnover up 2.6% to £788.5m.
The group incurred exceptional costs of £0.5m during the year (2024: £0.6m), relating to site closures and restructuring activities.
Trading conditions in the new vehicle market remained challenging throughout 2025, reflecting uneven consumer demand, reduced manufacturer support and continued volatility across fleet and Motability channels.
While retail volumes remained strong and outperformed the wider market, the group experienced a year-on-year decline in Motability and fleet demand.
The used vehicle market remained “highly competitive” with revenue declining by 1.3% to £284m. Like-for-like volumes fell during the year, although margin per unit improved.
Aftersales continued to be a significant contributor to overall performance, with direct profit increasing by 3.6% to £14.3m.
Operating costs increased slightly to £88 driven by inflationary pressures, including National Insurance and National Minimum Wage increases which had an estimated impact of approximately £1.4m.
During 2025, Perrys added new brands, including BYD, Omoda, Jaecoo, Geely and Kia PBV, while also expanding existing manufacturer partnerships.
At the same time, the business exited SEAT, Cupra and one Mazda location. Perrys operated from 61 franchise points at the end of the year.
Darren Ardron, managing director of Perrys Group, said: “The group delivered a resilient performance in 2025 against a challenging market backdrop.
“The year saw us revisit our franchise portfolio and extend our partnerships with several Chinese brands as well as multi franchise existing sites also adding in additional authorised repairer points.
“Aftersales performance remains a key strength of the Group and provides a stable foundation for future growth.
“We have started 2026 positively and remain confident that the business is well positioned to navigate ongoing market volatility and deliver on its strategic objectives. Further franchise changes will be forthcoming in 2026.”
