Vertu Motors (LSE:VTU) has raised its outlook for FY27 after delivering positive trading across multiple areas of its business during the three months to 31 May 2026. The automotive retailer reported like-for-like volume growth in new vehicle retail sales, Motability, used vehicles, and fleet and commercial operations, highlighting the continued strength of its diversified model.
The group also reported year-on-year profit growth within its aftersales division, with stable margins and disciplined cost management helping to support overall performance despite ongoing challenges across the wider automotive sector.
As part of its strategic development plans, Vertu continues to optimise and reposition its dealership portfolio. The company is preparing to open its first Omoda and Jaecoo dealership in Burton on 1 July 2026 and plans to convert an additional site to represent the two Chinese automotive brands later in the year. Following these changes, Vertu will operate 15 outlets representing Chinese vehicle manufacturers, increasing its exposure to one of the fastest-growing segments of the market.
The group is also pursuing operational efficiencies through selective site restructuring. One example is the relocation of its Sheffield Mazda dealership into a larger multi-franchise facility, a move expected to generate cost savings and improve operational effectiveness.
Supported by stronger trading and the benefits of its portfolio initiatives, the board now expects FY27 financial performance to exceed current market forecasts. Management believes the combination of growing sales volumes, expanding brand partnerships and ongoing efficiency measures will strengthen the company’s competitive position while enhancing profitability.
More about Vertu Motors
Vertu Motors is one of the UK’s largest automotive retail groups, operating 191 sales and aftersales locations nationwide. Established in 2006, the company has grown through a combination of acquisitions and organic expansion, building a broad dealership network representing multiple vehicle manufacturers. Its strategy focuses on operational excellence, customer service and long-term growth through both portfolio development and efficiency improvements.
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