US EditionVertu, Gateshead car supergroup, tops £4.76bn revenue – Northern Financial Review
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Vertu, Gateshead car supergroup, tops £4.76bn revenue – Northern Financial Review
Gateshead-based Vertu Motors plc said its revenue rose 1.7% to £4.76 billion in the year ended February 28, 2025, with adjusted profit before tax falling 15.8% to £29.3 million. Vertu is one of the UK’s six automotive retail “supergroups” that generate over £4 billion in annual turnover. “Profits reduced year-on-year due to a weak new car retail market in the UK and pressures arising from the Government Zero Emission Vehicle (ZEV) mandate,” said…
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