Vertu says results set to land above expectations after portfolio changes lead to York closure

Vertu says results set to land above expectations after portfolio changes lead to York closure

Car retailer Vertu has said it expects its full-year results to land ahead of expectations after a string of portfolio changes which saw the company close an outlet in York.

Vertu shares update on strong trading performance

Vertu Motors has shared an update on its performance ahead of the close of its financial half year, ending 31 August 2026. The Group has continued to trade strongly and above prior year levels, with new retail vehicle sales and used vehicle volumes performing well. Robert Forrester, Chief Executive Officer, said: “The Group has delivered a strong trading performance in the five month period to 31 July 2026, with positive contributions from new a…

Vertu, Gateshead car supergroup, ahead of expectations – Northern Financial Review

Shares of Gateshead-based car supergroup Vertu Motors plc said on Thursday its results for the full year “will be ahead of market expectations.” Shares of the company, which operates out of 194 sales outlets across the UK, rose as much as 6.7% to their highest level in more than 19 years. In a trading update ahead of the close of its financial half year ending August 31, Vertu Motors said: “The Group continues to review and transform its portfol…

Vertu expects FY27 results ahead of forecasts as sales rise

Vertu Motors expects FY27 results to beat market forecasts after growth across used cars, fleet and aftersales and further Chinese franchise expansion.