Vertu Motors expects full-year results above current expectations
Bitget2026/10/14 06:07- Vertu flagged FY27 results for the year ending Feb. 28, 2027 are expected to beat current market expectations.
- Guidance followed H1 adjusted profit before tax of GBP 23.8 million, up 19% year over year, on revenue of GBP 2.6 billion.
- Consensus at Oct. 13, 2026 implied FY27 adjusted profit before tax of GBP 26.5 million, with estimates spanning GBP 25.5 million to GBP 27.1 million.
- Outlook supported by a stronger-than-expected September plate-change month, with like-for-like total revenue up 0.1% year over year.
- Cash generation improved, with H1 free cash flow of GBP 17.5 million, net debt down to GBP 54.2 million.
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