Cazoo (CZOO) Provides Year-to-Date Business Performance Update

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Go back to Cazoo (CZOO) Provides Year-to-Date Business Performance Update

Cazoo Provides Year-to-Date Business Performance Update

March 7, 2023 7:30 AM EST

Strong progress on GPU with significant QoQ improvement

Restructuring on track and to be completed by end March

COO appointment draws on deep automotive experience

January & February retail GPU tracking at ~£900, up from ~£600 during Q4 2022 Cash reserves remain strong with £225m+ cash/cash equivalents at end February Rightsizing of headcount and operations on target to complete before end of March Appointment of Jonathan Dunkley as Chief Operating Officer from end... More