UK's Vertu Motors slips after company flags potential Middle East impact

Vertu Motors

13/05/2026 08:29

** Shares of British car dealer Vertu Motors VTU.L down as much as 3.8% to 63p

** Company warns a prolonged Iran war could drive up vehicle prices and dampen consumer sentiment further, although it has not yet seen any direct impact

** Company's annual adj pretax profit down 16.4% on disruption from the Jaguar Land Rover cyberattack and British government's zero emission vehicle mandate

** YTD, stock up ~1%

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))