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IN BRIEF: Motorpoint Trading Encouraging Since Reopening, CFO Quits

24th Aug 2020 15:08

Motorpoint Group PLC - Derby, England-based car retailer - Chief Financial Officer James Gilmour resigns to pursue other business interests. Trading and operational performance in the last 11 weeks since reopening of retail estate encouraging and comfortably ahead of the equivalent period last year. Momentum achieved across the group's combined customer channels including 13 retail sites, online channel and its Home Delivery proposition. Supply of stock and margin strong. Too early to reinstate guidance at this stage due to significant uncertainty, but very well positioned to build on the opportunities in the year ahead.

Current share price: 282.00 pence

Year-to-date change: down 4.1%

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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