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Motorpoint Grp PLC Ord 1P (MOTR)

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24-Aug-2020 08:02 AM

Motorpoint vehicle sales bounce back; CFO stands down

Auto retailer Motorpoint said trading had bounced back in recent weeks following an easing of lockdowns. The company also announced that chief financial officer James Gilmour had stood down to pursue other business interests. Key operational and trading
08-Oct-2019 07:25 AM

Motorpoint sees first-half revenue rising 1%; launches up to £10m buyback

Auto retailer Motorpoint said it expected to grow revenue by around 1% in the first half, putting it on track to meet its expectations for the full year, while also announcing an up to £10m share buyback. The company said the 1% revenue growth for
23-Jul-2019 08:17 AM

Motorpoint forecasts fall in first-half profit; says margins improved in July

Auto retailer Motorpoint Group said it expected to post a fall in first-half profit, but had seen some margin improvement in July. The company achieved revenue growth over the first three months of its financial year, despite a challenging consumer envir
11-Jun-2019 07:28 AM

Motorpoint profit rises 13% on sales boost from existing sites

Auto retailer Motorpoint Group reported a 13% rise in annual profit as it increased sales across its existing sites, though margins contracted in the second half. Pre-tax profit for the year through March rose to £22.9m, up from £20.0m on-yea
05-Apr-2019 09:10 AM

Broker Forecast - Liberum Capital issues a broker note on Motorpoint Group Plc

Liberum Capital today reaffirms its buy investment rating on Motorpoint Group Plc (LON:MOTR) and cut its price target to 277p (from 285p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
05-Apr-2019 07:53 AM

Motorpoint sees annual adjusted profit rising 10% despite weaker second half

Auto retailer Motorpoint Group said it expected to post growth in adjusted annual profit of around 10%, despite a weaker second half. Revenue for the year through March was seen rising 6% on-year. 'Whilst the second half of the financial year has s
05-Oct-2018 10:00 AM

Broker Forecast - Numis issues a broker note on Motorpoint Group Plc

Numis today upgrades its investment rating on Motorpoint Group Plc (LON:MOTR) to buy (from add). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
05-Oct-2018 07:34 AM

Motorpoint sees first-half revenue growing 9% with margins flat

Auto retailer Motorpoint Group said it expected first-half revenue to grow by about 9%, with operators margins remaining similar on-year. 'Stock management and mix remains a key focus and we are pleased that the breadth and quality of stock on hand
24-Jul-2018 07:43 AM

Motorpoint says first-quarter trading 'solid'

Auto retailer Motorpoint Group said trading for both sales and profit had been 'solid' in the first quarter, with the momentum continuing into the early weeks of the second quarter. 'Group stock and immediate supply outlook are strong, and
12-Jun-2018 01:10 PM

Broker Forecast - Numis issues a broker note on Motorpoint Group Plc

Numis today downgrades its investment rating on Motorpoint Group Plc (LON:MOTR) to add (from buy) and raised its price target to 290p (from 250p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
12-Jun-2018 07:56 AM

Motorpoint profit jumps 70% as new sites boost car sales

Vehicle retailer Motorpoint Group posted a large rise in annual profit as it opened new physical sites and grew its online offering. Pre-tax profit jumped 71% to £20.0m, while profit before exceptional items rose 33% to £20.8m. Revenue incre
06-Apr-2018 09:58 AM

Motorpoint Group expects profit at top end of market expectations

Vehicle retailer Motorpoint Group said it expected to deliver an underlying profit for the current financial year at the upper end of market expectations. Revenue was expected to grow by 18%, with gross margins remaining 'stable'. The company
29-Nov-2017 07:59 AM

Motorpoint posts large rise in profit

Motorpoint Group posted a large rise in first-half profit as the addition of new car dealership sites helped boost revenue. Pre-tax profit jumped to £9.7m from £2.4m a year earlier after revenue increased by 18% to £483.2m. The compan
06-Oct-2017 07:07 AM

Motorpoint forecasts profit jump

Motorpoint Group said it expects to report a 64% rise in first half profit, driven by an 18% rise in revenue. The company forecast an underlying pre-tax profit of around £10.5m, up from £6.4m in the previous corresponding period. Two sites,
26-Jul-2017 01:46 PM

Motorpoint shareholders pass all resolutions at AGM

Motorpoint Group has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:46pm: (LON:MOTR) Motorpoint Group Plc share price was +0.88p at 141.63p Story provided by StockMarketWire.com...
26-Jul-2017 08:28 AM

Motorpoint on track

Independent vehicle retailer Motorpoint (MOTR) said improved trading performance in the second half of the financial year has continued into the first quarter. Chairman Mark Morris said the rate of sales growth has been maintained and the group's gr
06-Apr-2017 09:37 AM

Motorpoint sees FY profit at top end of market views

Motorpoint said its turnover for the year was about £820m, an increase of 12.5% on FY 2016, with pretax profit for FY 2017 expected to be at the upper end of the range of current market expectations. Directors believed current market forecasts for
 
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