23rd Jul 2015 07:51
LONDON (Alliance News) - Car retailer Vertu Motors PLC said it has seen continued like-for-like revenue growth in the first four months of its financial year.
In a statement due to be given by Chairman Peter Jones at the company's annual general meeting on Thursday, Vertu said it has seen growth in like-for-like revenue and gross profit in the four months to the end of June from its vehicle sales and its higher-margin aftersales business.
Costs remain under control and profit for the period was strong, Vertu said, and it anticipates its full-year results will be in line with market expectations.
Vertu shares were up 1.8% to 65.6275 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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