Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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.

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Vertu 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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Vertu Motors buys Derby franchise site for £7.1m

14th Apr 2022 09:10

(Sharecast News) - Automotive retailer Vertu Motors said on Thursday that it has bought the freehold and long leasehold interests in its extensive multi-franchise site located in Derby for £7.1m.

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Vertu Motors raises FY adjusted pre-tax profit guidance

2nd Mar 2022 09:42

(Sharecast News) - British automotive retailer Vertu Motors said on Wednesday that full-year adjusted pre-tax profits were now expected to be no less than £75.0m as sector tailwinds and limited vehicle supply led to augmented margins.

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Vertu Motors secures Toyota franchise in West of Scotland

16th Feb 2022 09:11

(Sharecast News) - Car dealership group Vertu Motors said on Wednesday that its Scottish brand, Macklin Motors, has been awarded the Toyota franchise in the West of Scotland from 1 April.

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