Motorpoint sees FY losses at 'favourable end' of expectations
4th Apr 2024 09:24
(Sharecast News) - Vehicle retailer Motorpoint said on Thursday that full-year pre-tax losses were set to be "at the favourable end" of management expectations following a strong performance in the fourth quarter.
Read moreCar retailer Motorpoint warns on profits as sale prices drop
26th Jan 2024 09:04
(Sharecast News) - Nearly new-car retailer Motorpoint issued a profit warning on Friday on the back of drops in used car values and reduced selling prices in the third quarter, as the company unveiled plans to buy back up to £5m of shares.
Read moreMotorpoint swings to H1 loss
23rd Nov 2023 09:42
(Sharecast News) - Automotive group Motorpoint said on Thursday that it had swung to an interim loss and warned of a marked decline in used car values early on in the second half.
Read moreMotorpoint delivers stronger performance in Q2
5th Oct 2023 09:54
(Sharecast News) - Automotive retailer Motorpoint delivered a stronger quarter-on-quarter performance on Thursday, driven by cost reductions and operational improvements across the group.
Read moreDirector dealings: Motorpoint director buys shares
3rd Aug 2023 15:26
(Sharecast News) - One of Motorpoint's directors bought shares in the omnichannel used vehicle retailer.
Read moreMotorpoint knuckles down as tough conditions continue
26th Jul 2023 09:06
(Sharecast News) - Used vehicle retailer Motorpoint said in an update on Wednesday that the challenging macroeconomic conditions experienced during the second half of the 2023 financial year had a negative impact on its growth and profitability.
Read moreMotorpoint swings to loss despite record revenue
14th Jun 2023 08:09
(Sharecast News) - Used vehicle retailer Motorpoint reported record revenue of £1.44bn in its final results on Wednesday, up from £1.32bn year-on-year.
Read moreMotorpoint reports record FY ervenues
6th Apr 2023 08:35
(Sharecast News) - Automotive retailer Motorpoint said on Thursday that it had delivered record revenues in the year ended 31 March, driven by both vehicle mix and price inflation.
Read moreMotorpoint Group warns on profits amid fall in electric vehicle values
27th Jan 2023 07:58
(Sharecast News) - Vehicle retailer Motorpoint Group warned on Friday that profitability will be negatively impacted by a fall in electric vehicle values for the "foreseeable future".
Read moreProfits fall at Motorpoint despite revenue surge
24th Nov 2022 09:19
(Sharecast News) - Motorpoint Group reported a slide in profits on Thursday, despite record revenues, after the car retailer saw costs accelerate.
Read moreMotorpoint reaches record revenue, warns of worsening market
6th Oct 2022 07:16
(Sharecast News) - Motorpoint shares were tumbling on Thursday morning even after it reported record revenue for its first half in a trading update, as the vehicle retailer warned of a worsening used car market.
Read moreMotorpoint Q1 revenues rise, cautious of inflation and supply chain woes
27th Jul 2022 08:33
(Sharecast News) - Vehicle retailer Motorpoint Group said on Wednesday that first-quarter revenues had risen but cautioned that rising inflation and worldwide vehicle supply chain challenges were likely to continue to affect its markets.
Read moreMotorpoint warns of drop in car sales amid inflationary pressure
15th Jun 2022 07:43
(Sharecast News) - Automotive retailer Motorpoint warned on Wednesday that inflationary pressures would result in fewer consumers buying used vehicles in 2022 as supply chain disruptions continue to bite.
Read moreMotorpoint ends year in line amid global supply challenges
6th Apr 2022 08:28
(Sharecast News) - Motorpoint Group said in a trading update on Wednesday that it was expecting to report revenues of £1.32bn for the financial year just ended - up 82% year-on-year - with profits in line with forecasts.
Read moreMotorpoint lifts FY expectations after record interims
25th Nov 2021 08:28
(Sharecast News) - Vehicle retailer Motorpoint reported record-breaking first-half revenue and profit on Thursday as it said full-year numbers were set to be "significantly ahead" of its expectations.
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