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Results: VTU

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EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – strong H1, though notes likely rising energy costs and inflation impact on consumers

2022-09-06 07:45:39

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – recent significant decline in used car volumes, but strong margins

2022-06-22 07:42:06

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – further profit upgrade, admits has benefitted from “highly favourable trading conditions”

2022-03-02 07:43:15

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – further profit upgrade, notes supply risks

2021-08-20 07:26:49

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – now anticipates H1 adj. PBT “no less than £40m”

2021-07-29 07:38:12

EPIC VTU

views

Vertu Motors hopes for higher profits...but always be cautious about cars

Back in March HERE I wrote why I thought ‘what a strange company is Pendragon’ (PDG), but if you wanted to buy a car dealer then ‘look at a peer such as Vertu Motors (VTU) which is trading below book value and, via okay profitability, at a low double digit multiple’. Since then Pendragon shares are little changed but Vertu Motors shares are up well over 20% – and that includes a striking announcement today.

By Chris Bailey
2021-06-23 10:03:58

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – continued strong trading trends, though tightening supply increasingly apparent

2021-06-23 07:46:25

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – expects FY to 28th Feb adj. PBT “around £23m”

2021-03-01 07:31:30

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – expects FY to end Feb adj. PBT to exceed forecasts of c. £18m

2021-02-04 07:45:23

EPIC VTU

NEWSFLOW

Vertu Motors (#VTU) – July adj. PBT £7.4m, March to June loss £5.2m

2020-08-20 07:17:51

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