This announcement contains information that qualified, or may have qualified, as inside information for the purposes of Article 17 of the Market Abuse Regulations (EU) 596/2014 (MAR). The person responsible for making this announcement is Chris Morgan, Chief Financial Officer.
2 September 2026
Motorpoint Group PLC
("Motorpoint" "Company " or the "Group")
Trading Update
Trading ahead of expectations
Profit Before Tax (PBT) to be materially ahead of market consensus
Motorpoint Group PLC, the UK's leading independent omnichannel vehicle retailer, is pleased to provide an update on current trading and the outlook for the year ended 31 March 2027 ("FY27").
Trading volumes have been stronger than anticipated, supported by our strategic initiatives, including accelerated investment in technology, data and AI, with margin improvements yielding higher profitability per unit. Supply dynamics remain favourable and we are pleased to announce a further store has been secured to open in Spring 2027.
Given increased confidence in vehicle supply conditions, the success implementing our technology and AI strategic plans, the momentum in our performance year to date and robust outlook, we now expect that PBT for FY27 will be in the range of £9.8m-£10.8m. This is ahead of current market consensus, which is in the range of £9.1m-£10.0m and represents annual PBT growth of between 30% and 44%, building further on PBT growth of 82.9% in FY26.
The Company looks forward to providing further detail in its scheduled H1 trading update in early October 2026.
Enquiries:
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Motorpoint Group PLC Mark Carpenter, Chief Executive Officer Chris Morgan, Chief Financial Officer |
via FTI Consulting |
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FTI Consulting (Financial PR) Richard Gotla Harriet Jackson Harleena Chana |
020 3727 1000 |
Notes to editors
Motorpoint is the UK's leading independent omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 22 stores, the Group provides an unrivalled offering in the nearly new car market, where consumers can effortlessly browse, buy or finance their next car. Motorpoint's purely online wholesale platform Auction4Cars.com sells vehicles into the wholesale B2B market that have been part exchanged by retail customers, or purchased directly from them by the Group as part of its online car buying service. Motorpoint's diversified business model, underpinned by its established brand, industry leading technology and sophisticated marketing infrastructure, always delivers unrivalled choice, value and quality.