Group 1 automotive affirms solid operational profitability in 2q20

Group 1 automotive reports second quarter 2020 business update.group 1 automotive inc - affirms solid operational profitability in 2q20.group 1 automotive inc - in uk, all vehicle sales operations closed during second half of march with showrooms only opening again on june 1, 2020.group 1 automotive inc - noted significantly improving market conditions and operating trends in may and june-to-date when compared to march and april.group 1 automotive inc - all of co's u.s. automotive retail dealership sales and service operations have been open since early may.group 1 automotive inc - u.s. operating profits are improving much faster than anticipated..group 1 automotive inc - expect uk operations to show a profit for june.group 1 automotive inc - would point out that there are potentially several non-recurring charges that will impact quarter.
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