THE owner of Mills Garages car dealerships chain is eyeing expansion in the region, despite flat first-half results.
Although profit before tax and exceptional items lifted only slightly to £8.5m in the six months to August 31, European Motor Holdings (EMH) said the results were positive in the face of the weak retail market.
Chief executive Richard Palmer said he was monitoring some opportunities for expansion in the North-East over the next six months.
Earlier this year, EMH said it had £36m available for acquisitions - and Mr Palmer said yesterday plans for expansion were not on hold, despite weak consumer demand.
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