Motorpoint unveils plans to double revenues
16th Jun 2021 07:47
(Sharecast News) - Motorpoint Group is to ramp up its e-commerce offering as looks to double annual revenues to more than £2bn, the car retailer confirmed on Wednesday.
Read moreMotorpoint drives up profits despite lockdown
26th Nov 2020 08:00
(Sharecast News) - Motorpoint reported a rise in interim profits on Thursday, after pent-up demand and a surge in online sales helped offset trading losses incurred during the first national lockdown.
Read moreMotorpoint trading 'comfortably ahead' of year before
24th Aug 2020 08:54
(Sharecast News) - Motorpoint said trading since its sites reopened from lockdown was stronger than the year before as the vehicle retailer's finance chief stepped down.
Read moreDirector dealings: Motorpoint director makes share purchase
15th Jul 2020 16:12
(Sharecast News) - Motorpoint revealed on Wednesday that non-executive director Keith Mansfield had acquired 20,576 ordinary shares in the London-listed automotive retailer.
Read moreMotorpoint sees profits stall after lockdown shuts showrooms
14th Jul 2020 11:00
(Sharecast News) - Motorpoint Group reported a sharp drop in profits on Tuesday, after the Covid-19 pandemic disrupted trading during what is traditionally one of the busiest times of the year for the vehicle retailer.
Read moreMotorpoint profits fall amid 'challenging' conditions
28th Nov 2019 10:29
(Sharecast News) - Vehicle retailer Motorpoint reported a drop in first-half profit on Thursday amid "challenging" conditions.
Read moreMotorpoint backs full-year expectations, announces share buyback
8th Oct 2019 10:02
(Sharecast News) - Vehicle retailer Motorpoint backed its full-year expectations on Tuesday as it reported a small uptick in revenue for the first half and announced a share buyback programme of up to £10m.
Read moreDirector dealings: Motorpoint co-founder cashes out
19th Sep 2019 16:06
(Sharecast News) - Motorpoint revealed on Thursday that co-founder David Shelton had cashed out his remaining stake in the London-listed car retailer.
Read moreDirector dealings: Motorpoint co-founder offloads shares
6th Sep 2019 15:54
(Sharecast News) - Motorpoint Group revealed on Friday that and non-executive director David Shelton had disposed of 11.0m ordinary shares in the London-listed car dealer.
Read moreMotorpoint shares crash as co-founder sells 11m shares
6th Sep 2019 11:00
(Sharecast News) - Car supermarket Motorpoint tanked on Friday after the company's co-founder and non-executive director David Shelton sold 11 million shares at 200p each.
Read moreMotorpoint shakes off volatile market as revenues power ahead
11th Jun 2019 12:13
(Sharecast News) - Independent car retailer Motorpoint said full-year sales had surpassed £1bn for the first time, despite a backdrop of consumer "caution and insecurity".
Read moreFriday broker round-up
5th Apr 2019 12:53
(Sharecast News) - Purplebricks: Berenberg downgrades to sell with a target price of 80p.
Read moreMotorpoint cautious on outlook after H2 slowdown
5th Apr 2019 10:31
(Sharecast News) - Car retailer Motorpoint said on Friday that it expects profit and revenue for the year to the end of March 2019 to have risen from the previous year, but struck a cautious note about the outlook as it noted a slowdown in the second half of the year.
Read moreUK car sales fall for the third month in a row
5th Dec 2018 11:03
(Sharecast News) - Sales of new cars fell in November, as supply constraints and faltering consumer confidence put the brakes on the industry.
Read moreLiberum sees value in motor retailers amid 'sweeping changes'
4th Dec 2018 11:36
(Sharecast News) - Analysts at Liberum initiated coverage on several London-listed motor retailers on Tuesday, noting the motor industry was facing "sweeping changes" and a margin crunch.
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