Vertu Motors (VTU)

Sector:

Retailers

Index:

FTSE AIM All-Share

67.80p
   
  • Change Today:
    -1.20p
  • 52 Week High: 87.40
  • 52 Week Low: 54.90
  • Currency: UK Pounds
  • Shares Issued: 337.60m
  • Volume: 162,566
  • Market Cap: £228.89m
  • RiskGrade: 217

Vertu Motors secures Toyota franchise in West of Scotland

By Michele Maatouk

Date: Wednesday 16 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Car dealership group Vertu Motors said on Wednesday that its Scottish brand, Macklin Motors, has been awarded the Toyota franchise in the West of Scotland from 1 April.
The company plans to develop four dealerships in the coming periods to cover the territory, with the first dealership at Darnley, South Glasgow opening on 1 April.

This will be the Macklin brand's first representation of the manufacturer. Vertu Motors already operates three Toyota outlets in the East Midlands.

The new Toyota operations will offer the full range of new and used Toyota vehicles including the new Yaris Cross, Aygo X, the iconic Land Cruiser and the further extensive range of Toyota hybrid and electric vehicles. Motability customers will also be welcomed.

Chief executive Robert Forrester said: "I am delighted to announce our expansion in Scotland and the addition of Toyota to the company under our Macklin Motors brand. Toyota is a world-renowned manufacturer that we're delighted to represent. We have confidence that its investment and wider strategy will make it one of the most successful automotive manufacturers in the UK in the coming decade.

"The addition of these dealerships augments the group's representation in Scotland under the Macklin Motors brand and expands our operational footprint there. It also demonstrates our confidence in both the future of the automotive retail sector and in Scotland's economy."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Vertu Motors Market Data

Currency UK Pounds
Share Price 67.80p
Change Today -1.20p
% Change -1.74 %
52 Week High 87.40
52 Week Low 54.90
Volume 162,566
Shares Issued 337.60m
Market Cap £228.89m
RiskGrade 217

Vertu Motors Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.11% above the market average83.11% above the market average83.11% above the market average83.11% above the market average83.11% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average
Price Trend
43.23% above the market average43.23% above the market average43.23% above the market average43.23% above the market average43.23% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
32.08% above the market average32.08% above the market average32.08% above the market average32.08% above the market average32.08% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
28.37% above the market average28.37% above the market average28.37% above the market average28.37% above the market average28.37% above the market average
43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Vertu Motors Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Dec-23 29-Jun-23
Paid 19-Jan-24 28-Jul-23
Amount 0.85p 1.45p

Trades for 25-Apr-2024

Time Volume / Share Price
16:45 7,709 @ 67.64p
16:35 38,390 @ 67.80p
16:35 1 @ 67.80p
16:35 45 @ 67.80p
16:35 109 @ 67.80p

Vertu Motors Key Personnel

CEO Robert Forrester

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