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Vertu Motors (VTU)

Vertu Motors interim results webinar - October 2022

07 October 2022

Vertu Motors Chief Executive, Robert Forrester and CFO, Karen Anderson, present interim results for the six months ended 31 August 2022, where they anticipate the full year profits to be ahead of expectations.

Robert Forrester, CEO
00:16 – Introduction
00:25 – Vertu Motors at a glance
01:19 – Highlights
02:57 – Financial KPI’s

Karen Anderson, CFO
03:42 – Income statement
04:27 – Profit Bridge
05:24 – Inflationary headwinds and Energy Costs
08:52 – Cash Flow
09:26 – Capital Allocation Discipline
10:31 – Balance Sheet

Robert Forrester, CEO
11:58 – Group Strategy
12:53 – Market Trends
15:16 – Sales & Aftersales Performance
19:10 – Digitalisation
20:51 – Colleague Focus
22:53 – Current Trading and Outlook
25:23 – Summary

26:04 – Q&A

Vertu Motors plc is an automotive retailer in the United Kingdom. The Company operates franchised motor dealerships offering sale, servicing, parts and bodyshop facilities for new and used car and commercial vehicles. The Company operates many of its dealerships as Bristol Street Motors. It also operates a range of franchise dealerships, such as Volkswagen, Land Rover, Audi, Mercedes-Benz and Jaguar. The Company offers products, such as new and used cars, vans, trucks, motorcycles, fleet vehicles, and parts and accessories. It also specializes in the online sale of car wiper blades and other associated products. Its brands include Bristol Street Motors, Macklin Motors, Vertu Motors, Car Credit Assured, What Car? Leasing, Vertu Lease Cars, Vansdirect, The Taxi Centre and Ace Parts. The Company operates approximately 160 franchised and four non-franchised operations across England and Scotland.

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