Vertu Motors to beat market expectations

Shares in Vertu Motors climbed higher on Friday after the group revealed its trading performance in the year ended February 28th will be ahead of current market expectations, boosted by like-for-like growth in its retail vehicle sales channels during the five months to the end of January.

Shares in Vertu Motors climbed higher on Friday after the group revealed its trading performance in the year ended February 28th will be ahead of current market expectations, boosted by like-for-like growth in its retail vehicle sales channels during the five months to the end of January.

It also reported that like-for-like private new retail volumes grew 13.6%, while like-for-like used vehicle volumes grew by 0.4% in a flat market.

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