Pinewood Technologies Group (PINE) Trading update summary
Event summary combining transcript, slides, and related documents.
Trading update summary
25 Mar, 2026Marshalls implementation update
Rollout of the Pinewood.Al system for Marshalls now expected to start in H2 2026, delayed from Q1 2026 due to extended planning and integration with other tech projects.
Marshalls has expanded its dealership network with new brands, enhancing the scope of the implementation.
Lookers and North America rollout
Lookers' system rollout began in July 2025 and remains on schedule, with completion targeted for Q4 2026.
North America rollout is progressing as planned, with major dealership functions being tested and launch expected in H2 2026.
Acquisition and strategic growth
Acquired the last remaining Netherlands reseller for £3.3m, expected to add £0.7–0.8m in annual EBITDA and support Central European growth.
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