UK's Vertu Motors FY26 revenue rises on aftersales growth

Vertu Motors

13/05/2026 07:13

Overview

UK auto retailer's FY26 revenue rose slightly yr/yr

Company announced new £12 mln share buyback in March 2026

Outlook

Vertu Motors says trading profit for March and April was ahead of the prior year

Company expects Value Cars by Vertu initiative to add incremental profits

Vertu Motors says ZEV mandate continues to distort volumes, margins and channel mix

Result Drivers

AFTERSALES GROWTH - Aftersales delivered strong like-for-like revenue and gross profit growth, now generating over 46% of group gross profit and underpinning earnings resilience

NEW VEHICLE MARGIN PRESSURE - Profitability in new vehicles declined significantly due to the ZEV mandate, weaker retail margins, and reduced manufacturer support

COST CONTROL - Disciplined cost actions, including headcount rationalisation and dealership closures, offset structural cost pressures and are expected to deliver £10 mln in annualised savings

Company press release: ID:nRSM0555Ea

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 4.83 bln
FY Net Income
GBP 14.70 mln
FY Adjusted EBIT
GBP 46.50 mln
FY Adjusted Pretax Profit
GBP 24.50 mln
FY Free Cash Flow
GBP 30.70 mln
FY Gross Profit
GBP 540 mln
FY Pretax Profit
GBP 20.30 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy"

Wall Street's median 12-month price target for Vertu Motors PLC is GBp76.00, about 16% above its May 12 closing price of GBp65.50

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)