Episode Details

Vertu Motors, UKs largest car dealer, reported a profit of £20.3 million, down from £24.8 million last year, despite challenging market conditions. The zero emission vehicle mandate and Jaguar Land Rover cyberattack hit profits, but the companys focus on aftersales and cost control, along with a strong balance sheet, led to a 1.5% revenue increase. Recent trading has been strong, with a focus on battery electrics and hybrids, and the company remains cash-rich, paying dividends and buying back shares.

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