Trading ahead of expectations at Vertu Motors
11th May 2011 13:59
Vertu Motors was in the fast lane after the car dealer posted a rise in profits for the year to 28 February and said that trading has been in line with expectations. Pre-tax profits climbed to £5.3m from £4.6m the previous year, on revenues that were up to £998.9m from £818.9m. A final dividend of
Read moreTuesday tips round-up: Standard Chartered, SABMiller, Hardy...
19th Oct 2010 06:41
Is Standard Chartered the world's best bank? It has been said in some quarters, and quite seriously. StanChart has grown profits year on year and, while it didn't exactly laugh in the face of the financial crisis, it sailed through it more smoothly than virtually any other Western bank. On 15 times
Read moreAsia Citrus director makes juicy share sale
18th Oct 2010 17:35
Cheung Wai Sun, an executive director Asian Citrus, the largest orange plantation owner in China, has pocketed more than £6.7m from a share sale. He sold 60,000 shares at HK$9.34 (75.5p) and 30,000 at $9.25. He still has options over 1.32m shares. Asian Citrus has two plantations, one of about 30.
Read moreVertu's shares jump after positive half-year
18th Oct 2010 13:35
Shares in Vertu Motors jumped 13% as interim profits soared, the group resumed dividends and it forecast it would beat expectations for this year. Vertu, the eighth largest UK motor retailer, lifted revenues by 27% from £401m to £511m in the half-year to August, reflecting the substantial expansion
Read moreBroker tips: Hardy, TV companies, Vertu Motors
18th Oct 2010 13:27
KBC Peel Hunt expects a strong rebound in the UK television advertising market, and so has initiated coverage of ITV, stv and UTV Media with "buy" ratings for each. The broker's positive stance in the sub-sector is underwritten by the improving trading conditions, although it sees Britain's ITV and
Read moreBroker snap: Further growth expected for Vertu Motors
18th Oct 2010 11:31
Vertu Motors has seen a 72.9% increase in pre-tax profit for the half year ended 31 August as it continues to benefit from its successful acquisition strategy. Broker Panmure Gordon has raised its 2011 and 2012 forecasts by 16% and 7% respectively on the back of positive interim results published t
Read moreSmall caps round-up: ASOS, Japan Leisure Hotels, Vertu Motors......
28th Sep 2010 17:12
Non-executive director Karen Jones has taken advantage of the recent ASOS share price dip to buy 4,500 shares in the online fashion retailer. She acquired the shares at £10.98 each. Japan Leisure Hotels, which rents rooms in Japanese hotels by the hour, is trading at little more than half of its u
Read moreThursday tips round-up: UBM, Mouchel, Vertu Motors
2nd Sep 2010 06:51
Milicruit is, alas, not a recruitment site for future leaders of the Labour Party but a virtual career fair that puts together former members of the US military and potential employers in "an interactive 3-D virtual setting". The notion has one huge advantage for companies such as UBM that operate s
Read moreVertu Motors on track for FY
1st Sep 2010 08:04
Car dealer Vertu Motors said half yearly profit was 'materially ahead' of last year while results for the full year are expected to be in line with market forecasts. The group's private new car sales volumes rose in the five months to July 2010 by 6.7% on a like for like basis and by 35.2% overall.
Read moreVertu Motors Buys SEAT Business In Derby
28th Jul 2010 15:13
LONDON (Dow Jones)--Vertu Motors PLC (VTU.LN), a U.K. motor retailer, said Wednesday it has exchanged contracts to acquire a SEAT business in Derby through the purchase of trade and certain assets from GK Group Ltd provided that certain conditions are met. MAIN FACTS: -The property is leaseh
Read moreVertu Motors Plc Acquisition Of Seat Dealership
28th Jul 2010 15:08
TIDMVTU RNS Number : 0942Q Vertu Motors PLC 28 July 2010 ? 28 July 2010 Vertu Motors plc ("Vertu Motors" or the "Group") Acquisition of SEAT Dealership Vertu Motors plc, the 8th largest UK motor retailer, is plea
Read moreVertu Motors Profitability In 4 Months To June 30 In Line
22nd Jul 2010 07:21
LONDON (Dow Jones)--Vertu Motors PLC (VTU.LN), a car retailer, said Thursday that overall profitability has been in line with the company's expectations for the four months ended June 30. MAIN FACTS: -The Board recognizes the weakness of the current economic environment but anticipates the G
Read moreVertu Motors Plc Completion Of Macklin Motors Acquisition
1st Jul 2010 07:00
TIDMVTU RNS Number : 5974O Vertu Motors PLC 01 July 2010 ? 1 July 2010 Vertu Motors plc ("Vertu" or the "Group") Completion of Macklin Motors Acquisition Further to its initial announcement made on 9 June 2010, Ver
Read moreVertu Motors Buys 2 Outlets, Working Capital
29th Jun 2010 13:16
LONDON (Dow Jones)--Vertu Motors PLC (VTU.LN), a U.K. motor retailer, said Tuesday that its subsidiaries have acquired two Vauxhall franchised outlets from Baker (Crewe) Limited (in administration) for an expected consideration of GBP1.5 million, of which GBP1.3 million relates to freehold property
Read moreVertu Motors Plc Acquisition
29th Jun 2010 13:12
TIDMVTU RNS Number : 4294O Vertu Motors PLC 29 June 2010 ? 29 June 2010 Vertu Motors plc ("Vertu" or the "Group") Acquisition of Baker (Crewe) Limited business and assets from administration for GBP1.5m Vertu Motors plc, the 8th largest UK
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