Vertu Share News (VTU)

UK dividends calendar - next 7 days

TRADING UPDATES: Vertu margins remain strong; Donegal behind

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Vertu profit soars after "unprecedented" year for used cars

Vertu Motors PLC - Gateshead, England-based car dealership - Revenue for the financial year ended February 28 rises 42% to GBP3.62 billion from GBP2.55 billion the year before. Says it executed "exceptionally" well in the year, with used car sales jumping 56% to GBP1.58 billion from GBP1.01 billion and gross profit from this division soaring 64% to GBP154.4 million from GBP93.9 million. "The used vehicle market in the UK, has seen unprecedented market dynamics throughout the year...Constrained supply of used vehicles has consequently been apparent driving increased vehicle prices and margins and leading to record used vehicle profitability," company says.

Vertu reports record year as it faces falling consumer confidence

(Sharecast News) - Vertu Motors reported record trading in its final results on Wednesday, with adjusted profit before tax rising to £80.7m from £24.6m year-on-year, on revenues of £3.6bn.

UK earnings, trading statements calendar - next 7 days

Vertu Motors taps Bruce Clark for newly created CTO role

(Sharecast News) - Automotive retailer Vertu said on Tuesday that it had tapped Bruce Clark for the newly created role of chief technology officer.

TRADING UPDATES: Polar Capital assets up; Brooks Macdonald funds fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News:

Vertu Motors buys Derby franchise site for £7.1m

(Sharecast News) - Automotive retailer Vertu Motors said on Thursday that it has bought the freehold and long leasehold interests in its extensive multi-franchise site located in Derby for £7.1m.

TRADING UPDATES: Sweet interim profit rise for Hotel Chocolat

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Vertu Motors raises FY adjusted pre-tax profit guidance

(Sharecast News) - British automotive retailer Vertu Motors said on Wednesday that full-year adjusted pre-tax profits were now expected to be no less than £75.0m as sector tailwinds and limited vehicle supply led to augmented margins.

Vertu Motors subsidiary wins Toyota Motor franchise

(Alliance News) - Vertu Motors PLC said its subsidiary Macklin Motors has been awarded a Toyota Motor Corp franchise in the west of Scotland, starting from April 1.

Vertu Motors secures Toyota franchise in West of Scotland

(Sharecast News) - Car dealership group Vertu Motors said on Wednesday that its Scottish brand, Macklin Motors, has been awarded the Toyota franchise in the West of Scotland from 1 April.

LONDON BRIEFING: UK inflation hits 30-year high in January at 5.5%

(Alliance News) - The UK annual inflation figure raced to just shy of a 30-year high in January, figures from the Office for National Statistics showed Wednesday.

LONDON MARKET PRE-OPEN: Franchise Brands buys fellow AIM firm Filta

(Alliance News) - Stock prices in London are seen opening slightly higher on Wednesday, adding to strong gains on Tuesday, as tensions on the Russia-Ukraine border appear to have eased.