Archive : Rover Pays More From Sharply Higher Profits

Carole Nash Classic Insurance Specialists


Rover, the automobile manufacturers, have had a sharply better year and are raising the dividend to 9.5d. a 5s. share, from the equivalent of 8.1d. a share, after adjustment for a 100 per cent scrip issue. Group profit has risen to £2,764,973, from £1,902,046, after depreciaion of £1,150,864 (£636,011). Tax requires £1,589,404 (£905,209).

Keith Adams

Keith Adams

Editor and creator AROnline at AROnline
Created in 2001 and built it up to become the world's foremost reference source for all things BMC, Leyland and Rover Group, before renaming it AROnline in 2007.

Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...

Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Keith Adams

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