Vertu Motors Plc (VTU.L), a used car dealers company, on Wednesday reported a rise in pre-tax income for the full year, reflecting an increase in revenue.
For the 12-month period to February 29, Vertu Motors posted a pre-tax income of 34.567 million pounds, higher than 32.450 million pounds in the previous year.
Excluding items, pre-tax earnings were at 37.8 million pounds, compared with 39.3 million pounds in 2023.
Net profit stood at 25.713 million pounds or 7.11 pence per share as against last year's 25.533 million pounds or 7.02 pence per share.
Adjusted profit was at 28.331 million pounds, lesser than 31.615 million pounds a year ago.
Operating profit moved up to 56.041 million pounds from 41.992 million pounds last year.
Excluding items, operating profit was 59.235 million pounds, compared with 48.820 million pounds in 2023.
Revenue was 4.719 billion pounds, up from previous year's 4.014 billion pounds.
Vertu Motors will pay a final dividend of 1.50 pence per share, which will bring its total annual dividend to 2.35 pence per share, higher than 2.15 pence per share of last year.
The final dividend will be paid on July 26 to shareholders in the register as of June 28.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.