Vertu Motors PLC Pre-close trading update (4948Z)
03 September 2018 - 4:00PM
UK Regulatory
TIDMVTU
RNS Number : 4948Z
Vertu Motors PLC
03 September 2018
3 September 2018
Vertu Motors plc
("Vertu Motors" or the "Company")
Pre-close trading update
Vertu Motors, the automotive retailer with a network of 125
sales and aftersales outlets across the UK, is pleased to provide
an update on trading before entering a close period.
Since the trading update provided at the Annual General Meeting
held on 25 July 2018, the Group has continued to trade in line with
the trends set out in that update and in line with the Board's
expectations.
The Group will announce its results for the six months ended 31
August 2018 on 10 October 2018.
For further information please contact:
Vertu Motors plc Tel: 0191 491 2111
Robert Forrester, CEO Tel: 0191 491 2112
Michael Sherwin, CFO
Zeus Capital Limited Tel: 020 3829 5000
Nick How
Andrew Jones
Dominic King
Camarco Tel: 020 3757 4983
Billy Clegg
Tom Huddart
Notes to Editors
Vertu is the sixth largest automotive retailer in the UK with a
network of 125 sales outlets across the UK. Its dealerships operate
predominantly under the Bristol Street Motors, Vertu, Farnell and
Macklin Motors brand names.
Vertu was established in November 2006 with the strategy to
consolidate the UK automotive retail sector. It is intended that
the Group will continue to acquire automotive retail operations to
grow a scaled dealership group. The Group's acquisition strategy is
supplemented by a focused organic growth strategy to drive
operational efficiencies through its national dealership network.
The Group currently operates 122 franchised sales outlets and 3
non-franchised sales outlets from 106 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer
motoring experience through honesty and trust".
Vertu Group websites - www.vertumotors.com /
www.vertucareers.com
Vertu brand websites - www.bristolstreet.co.uk /
www.macklinmotors.co.uk / www.vertuhonda.com /
www.farnelllandrover.com / www.farnelljaguar.com /
www.vertutoyota.com / www.vertuvolkswagen.com /
www.vertumercedes-benz.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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