Vertu Motors interim results webinar - October 2022

Vertu Motors Chief Executive, Robert Forrester and CFO, Karen Anderson, present interim results for the six months ended 31 August 2022, where they anticipate the full year profits to be ahead of expectations. Robert Forrester, CEO00:16 - Introduction00:25 - Vertu Motors at a glance01:19 - Highlights02:57 - Financial KPI's Karen Anderson, CFO03:42 - Income statement04:27 - Profit Bridge05:24 - Inflationary headwinds and Energy Costs08:52 - Cash Flow09:26 - Capital Allocation Discipline10:31 - Balance Sheet Robert Forrester, CEO11:58 - Group Strategy12:53 - Market Trends15:16 - Sales & Aftersales Performance19:10 - Digitalisation20:51 - Colleague Focus22:53 - Current Trading and Outlook25:23 - Summary 26:04 - Q&A Vertu Motors plc is an automotive retailer in the United Kingdom. The Company operates franchised motor dealerships offering sale, servicing, parts and bodyshop facilities for new and used car and commercial vehicles. The Company operates many of its dealerships as Bristol Street Motors. It also operates a range of franchise dealerships, such as Volkswagen, Land Rover, Audi, Mercedes-Benz and Jaguar. The Company offers products, such as new and used cars, vans, trucks, motorcycles, fleet vehicles, and parts and accessories. It also specializes in the online sale of car wiper blades and other associated products. Its brands include Bristol Street Motors, Macklin Motors, Vertu Motors, Car Credit Assured, What Car? Leasing, Vertu Lease Cars, Vansdirect, The Taxi Centre and Ace Parts. The Company operates approximately 160 franchised and four non-franchised operations across England and Scotland.