Johnson & Perrott halves its losses

CORK-BASED motor dealership Johnson & Perrott more than halved its pre-tax losses last year, according to accounts filed with the Companies Office.

The group recorded a pre-tax loss of just under €1.3 million in 2010; well down on the €3.21m loss it incurred in 2009. Operating losses were also considerably down in the year from €2.96m to just under €1.2m. Similarly, the group’s turnover improved, going from €70.12m to just shy of €73m. Total after-tax losses amounted to €1.18m; down from €2.76m for the previous year.

Johnson & Perrott’s business is divided between its car dealership, car rental and fleet management divisions. Last year it operated five car dealerships and three commercial vehicle franchises in Cork; where it is the approved dealer for the likes of Volvo, Honda, Land Rover, Opel and Kia on the car front and Mercedes, Opel and Mitsubishi on the commercial vehicle front.