Gateshead-based car supergroup Vertu Motors plc said its revenue rose 1.5% to £4.833 billion in the year ended February 28, 2026, and its adjusted profit before tax of £24.5 million was ahead of market expectations.
Full‑year dividend was unchanged at 2.05p per share and £10.7 million was returned to shareholders through share buybacks during the year.
Vertu said: “A total of £46.5m expended on the repurchase of over 21% of the group’s issued shares since the programmes began in FY18. Further £12m share buyback programme announced in March.”
The firm reported a strong start to FY27 and “trading profit for March and April 2026 was ahead of the prior year.”
Vertu Motors CEO Robert Forrester said: “The Group has delivered solid results against the backdrop of sector pressures from the Government’s ZEV mandate on new car profitability, as we have focused on controlling the controllables, such as aftersales and cost.
“The Group is benefiting from stable management, a highly trained and committed workforce, strong cashflows funding a maintained dividend, another £12m share buyback and significant asset backing.
“The Group is therefore excellently positioned to take advantage of the inevitable opportunities that will arise as the sector continues to consolidate.
“I am delighted that the trading performance in March and April has been strong and ahead of the prior year period, which is a testament to the quality and hard work of the excellent Vertu team, whom I would like to thank.”
