Vertu lifts profit expectations after JLR cyber-attack insurance claim
30th Apr 2026 10:31
(Sharecast News) - Vertu Motors said on Thursday that it expected full-year adjusted profit before tax to be ahead of market consensus after reaching a settlement on its business interruption insurance claim linked to last year's cyber-attack on Jaguar Land Rover.
Read moreVertu Motors sees FY profit in line despite challenging new car market
5th Mar 2026 07:14
(Sharecast News) - Vertu Motors said on Thursday that full-year profit was set to be in line with market expectations despite a still-challenging new car market, as it announced a £12m share buyback programme.
Read moreVertu Motors warns of £5.5m hit to profits from JLR disruption
8th Oct 2025 09:25
(Sharecast News) - Vertu Motors warned on Wednesday that it could take a £5.5m hit to full-year profits due to disruption from the Jaguar Land Rover cyber attack.
Read moreVertu Motors maintains FY guidance as used cars, aftersales offset new retail weakness
4th Sep 2025 08:26
(Sharecast News) - Automotive retailer Vertu Motors said on Thursday that full-year adjusted pre-tax profits were expected to be in line with current market consensus expectations of £27.2m, as a "robust used cars" market, aftersales and cost discipline all helped to offset the impact of a weaker new retail car market.
Read moreVertu Motors 'encouraged' by Q1 performance
25th Jun 2025 07:45
(Sharecast News) - Automotive retailer Vertu Motors said on Wednesday that it was "encouraged" by its start to FY26, particularly the growth of the new retail market in March.
Read moreVertu Motors profits in line after tough year
14th May 2025 09:49
(Sharecast News) - Vertu Motors reported resilient full-year results on Wednesday despite a weaker UK new car market, with profits coming in line with expectations and a strong start to the new financial year supporting a confident outlook.
Read moreVertu Motors appoints broker for next phase of buyback programme
11th Apr 2025 12:10
(Sharecast News) - Vertu Motors announced the appointment of Stifel Nicolaus Europe to manage the next phase of its £12m share buyback programme during the upcoming closed period on Friday, from 14 April to 13 May.
Read moreVertu Motors warns FY profits will miss expectations, shares tank
6th Feb 2025 14:36
(Sharecast News) - Vertu Motors tanked on Thursday as it warned that full-year adjusted pre-tax profit would be "significantly below" current market expectations as the UK government's zero emissions vehicle (ZEV) mandate is causing severe disruption in the new car market.
Read moreVertu acquires Burrows Motor Company in £12.5m deal
29th Oct 2024 07:20
(Sharecast News) - Vertu Motors announced the acquisition of Burrows Motor Company on Tuesday, expanding its dealership network by nine outlets.
Read moreVertu Motors revenue rises, profit slips in first half
16th Oct 2024 11:35
(Sharecast News) - Vertu Motors reported a resilient first-half performance on Wednesday, with revenue increasing 2.9% to £2.49bn, compared to £2.42bn in the first six months of the 2024 financial year.
Read moreVertu Motors H1 profits held back by soft new car market
2nd Sep 2024 07:41
(Sharecast News) - The share price of Vertu Motors was in reverse on Monday after the car dealer reported a weaker environment for new car sales, which it said was offset by resilient pricing in the used vehicle market.
Read moreDirector dealings: Odyssean non-exec invests, Vertu CEO's wife sells shares
28th Jun 2024 12:37
(Sharecast News) - Among the director dealings disclosed to the market on Friday were two involving Odyssean Investment Trust and Vertu Motors.
Read moreVertu sees solid Q1 growth, but ZEV mandate raises uncertainty
25th Jun 2024 07:55
(Sharecast News) - Automotive retailer Vertu Motors said that results should be in line with market expectations after a solid start to the new financial year, with new and used car sales rising along growing volumes in fleet and commercial vehicles.
Read moreFull-year revenues motor ahead at Vertu
15th May 2024 09:11
(Sharecast News) - Vertu Motors reported record revenues on Wednesday, despite difficult market conditions and falling used car prices.
Read moreVertu Motors fleet and commercial vehicle profits grow
4th Mar 2024 08:04
(Sharecast News) - Car dealership Vertu Motors said on Monday that core gross profits from fleet and commercial vehicle sales had grown in the five months ended 31 January, with the group now expecting to report full-year adjusted pre-tax profits in line with market expectations.
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