Vertu Motors Profitability In 4 Months To June 30 In Line

22nd Jul 2010 07:21

LONDON (Dow Jones)--Vertu Motors PLC (VTU.LN), a car retailer, said Thursday that overall profitability has been in line with the company's expectations for the four months ended June 30. MAIN FACTS: -The Board recognizes the weakness of the current economic environment but anticipates the Group's results for the financial year will be in line with current market expectations. -Board continues to evaluate a significant number of growth opportunities to enable it to fulfill its stated objective of building a successful, scalable motor retail group delivering shareholder value. -Shares closed Wednesday at 28.0 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires July 22, 2010 02:21 ET (06:21 GMT)