REG - Motorpoint Group plc - Full Year Trading Update and New Store Opening

MotorpointAnnouncement

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RNS Number : 5272Z  Motorpoint Group plc  08 April 2026

8 April 2026

Motorpoint Group PLC

("Motorpoint" or the "Group")

 

 

Full Year Trading Update and New Store Opening

 

Record retail volumes and Profit before tax up 83%

 

Motorpoint Group PLC, the UK's leading independent omnichannel vehicle
retailer, provides an update on its trading performance for the year ended 31
March 2026 ("FY26"), ahead of announcing its Final Results in June 2026.

 

Highlights

 

·    Record retail volumes of c.65,000 in FY26, up 8.0% on FY25,
demonstrating continued outperformance of the used car market

·    Profit before taxation is expected to be c.£7.5m, up 83% (FY25:
£4.1m), aided by record metal margin performance, which helped offset
inflationary pressures

·    Earnings before interest, tax, depreciation and amortisation (EBITDA)
is expected to be c.£27.0m, up 13.0% (FY25: £23.9m)

·    Return on Capital Employed is expected to be c.70%, demonstrating the
continued effectiveness of our capital light model

·    Improved Net Promoter Score rating to 83 (FY25: 80), reinforcing our
excellent customer service

·    New store to open in Leeds in Summer 2026

 

Sales and Profitability

 

Record retail volumes of c.65,000 were achieved in FY26 and we continue to
outperform the used car market. Our volumes grew 6.0% in the 2025 calendar
year, compared to 2.2% for the overall used car market. Since launching our
new agentic AI tool to reactivate historic closed quotes, c.900 incremental
vehicle sales can be attributed to this channel. Supply of vehicles has
returned to more normalised levels, and we are securing more bulk deals as a
result. We are also sourcing more vehicles directly through our Sell Your Car
channel. The use of data to inform both buying and pricing vehicles is firmly
embedded, which has supported record metal margin performance. This has helped
offset ongoing inflationary pressures, notably in labour costs.

 

New Stores

 

Good progress has been made to secure new sites for store development, and we
will open in Leeds this summer. The city of Leeds, and surrounding areas,
provide an excellent opportunity to access a new, large market.

 

Mark Carpenter, Chief Executive Officer of Motorpoint Group PLC commented:

 

"The Group had an excellent year in FY26, and I am delighted to report record
sales volumes and an 83% increase in profit before taxation. FY26 has been a
step change year for Motorpoint, where the use of data became fundamental
within the business and we started to embrace the benefits of AI. Whilst the
macroeconomic uncertainty in recent weeks leads to a degree of caution due to
the risks of increased inflation and interest rates, our superior customer
service, omnichannel business model and exciting growth plans mean we are well
placed to take advantage of opportunities to further increase market share and
build long term value for shareholders."

 

 

ENDS

 

Enquiries:

 

 Motorpoint Group PLC                      via FTI Consulting

 Mark Carpenter, Chief Executive Officer

 Chris Morgan, Chief Financial Officer

 FTI Consulting (Financial PR)             020 3727 1000

 Alex Beagley

 Harriet Jackson

 Harleena Chana

 

Forward looking statements:  The information in this release is based on
management information. This report includes statements that are forward
looking in nature. Forward looking statements involve known and unknown risks,
assumptions, uncertainties and other factors which may cause the actual
results, performance or achievements of the Group to be materially different
from any future results, performance or achievements expressed or implied by
such forward looking statements. Except as required by the Listing Rules and
applicable law, the Company undertakes no obligation to update, revise or
change any forward looking statements to reflect events or developments
occurring after the date of this report.

 

Notes to editors

Motorpoint is the UK's leading independent omnichannel vehicle retailer,
focused on giving retail and trade customers the easiest, most affordable and
seamless way of buying, selling and financing their car whether online, in
store or a combination of both. Through its leading B2C platform
Motorpoint.co.uk and UK network of 21 sales and collection stores, the Group
provides an unrivalled offering in the nearly new car market, where consumers
can effortlessly browse, buy or finance their next car and collect or have it
delivered directly to their homes. Motorpoint's purely online wholesale
platform Auction4Cars.com sells vehicles into the wholesale B2B market that
have been part exchanged by retail customers, or purchased directly from them
by the Group as part of its online car buying service. Motorpoint's
diversified business model, underpinned by its established brand, industry
leading technology and sophisticated marketing infrastructure, always delivers
the best choice, value and quality for customers.

 

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