Trading Update

Summary by AI BETAClose X

Motorpoint Group PLC has announced that its trading performance for the year ending 31 March 2027 is exceeding expectations, with Profit Before Tax (PBT) now projected to be between £9.8 million and £10.8 million, surpassing current market consensus of £9.1 million to £10.0 million. This improved outlook is attributed to stronger-than-anticipated trading volumes, successful strategic investments in technology, data, and AI, alongside margin enhancements and favourable supply dynamics, with a new store planned for Spring 2027. The company anticipates this will represent annual PBT growth of 30% to 44%, building on an 82.9% increase in FY26.

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