Profits motoring on at car group

Pre-tax profits at Cork-based motor group Johnson & Perrott declined by 7% last year to €2.66m.

According to accounts filed to the Companies Office, the group recorded the €2.66m profit in the 12 months to the end of December last after recording a pre-tax profit of €2.88m in 2012.

Revenues declined by 26%, from €62.3m to €45.9m, arising from the group disposing of its Avis rent-a-car franchise in March 2012.