Vertu 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.
Read moreVertu Motors tumbles after profit warning
7th Dec 2023 09:48
(Sharecast News) - Vertu Motors tanked on Thursday as it issued a profit warning, citing a "volatile" consumer environment.
Read moreVertu snaps up regional dealer in £6m deal
1st Nov 2023 09:59
(Sharecast News) - Vertu Motors has expanded further into the south west after agreeing to acquire a local dealership.
Read moreVertu Motors delivers record H1 revenues
4th Oct 2023 08:05
(Sharecast News) - Automotive retailer Vertu Motors has reported record revenues, year-on-year profit and dividend growth for the six months ended 31 August.
Read moreVertu Motors on track despite weaker used car sales
30th Aug 2023 07:40
(Sharecast News) - UK car dealership group Vertu Motors said it remains on track for the full year after a solid first half, despite used vehicle sales being hit by rising interest rates.
Read moreVertu Motors optimistic after positive recent trading
28th Jun 2023 13:05
(Sharecast News) - Automotive retailer Vertu Motors reported positive trading in the three months through May on Wednesday.
Read moreVertu Motors posts record FY revenues, but profits drop
10th May 2023 09:49
(Sharecast News) - Automotive retailer Vertu Motors posted slightly better than expected full-year pre-tax profits on Wednesday amid record revenues.
Read moreVertu Motors ends financial year in line with expectations
2nd Mar 2023 13:52
(Sharecast News) - Vehicle retailer Vertu Motors said in an update on Thursday that its recent trading performance had been in line with management expectations.
Read moreVertu Motors to buy Helston Garages for £117m
8th Dec 2022 09:35
(Sharecast News) - Car dealership Vertu Motors said on Thursday that it has agreed to buy Helston Garages for £117m.
Read moreVertu Motors in advanced talks to buy Helston Garages
9th Nov 2022 11:14
(Sharecast News) - Vertu Motors said on Wednesday that it is in advanced talks about the potential acquisition of Helston Garages, a privately-owned predominantly premium manufacturer automotive retail group based in the Southwest of England.
Read moreVertu Motors becomes UK's largest BMW motorcycle retailer
1st Nov 2022 08:49
(Sharecast News) - Automotive retailer Vertu Motors said on Tuesday that it has bought two BMW motorcycle outlets for £4.2m.
Read moreVertu Motors confident despite ongoing supply constraints
5th Oct 2022 09:00
(Sharecast News) - Car dealership operator Vertu Motors reported revenue growth of 3.9% in its first half on Wednesday, to £2bn, with the group now expected to be the fourth-largest automotive retailer in the UK by revenue.
Read moreVertu Motors buys Wiper Blades for £3.5m
1st Jul 2022 09:53
(Sharecast News) - Automotive retailer Vertu Motors has bought Wiper Blades Limited, a business specialising in the online sale of car wiper blades and other associated products, for £3.5m in cash.
Read moreVertu reports record year as it faces falling consumer confidence
11th May 2022 07:43
(Sharecast News) - Vertu Motors reported record trading in its final results on Wednesday, with adjusted profit before tax rising to £80.7m from £24.6m year-on-year, on revenues of £3.6bn.
Read moreVertu Motors taps Bruce Clark for newly created CTO role
19th Apr 2022 09:56
(Sharecast News) - Automotive retailer Vertu said on Tuesday that it had tapped Bruce Clark for the newly created role of chief technology officer.
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