Motorpoint Group (MOTR)

Sector:

Retailers

Index:

FTSE Small Cap

173.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 187.00
  • 52 Week Low: 116.00
  • Currency: UK Pounds
  • Shares Issued: 83.62m
  • Volume: 5,005
  • Market Cap: £144.66m
  • Beta: 0.00

Motorpoint returns to profit in H1

By Iain Gilbert

Date: Wednesday 27 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Vehicle retailer Motorpoint said on Wednesday that it had returned to profit in the six months ended 30 September and issued solid forward guidance.
Motorpoint delivered an interim pre-tax profit of £2.0m, a marked improvement from the prior year's £3.7m loss, principally driven by a 17.4% increase in retail vehicle sales and improved gross margins. Overall gross profit was up 7% at £44.7m.

Revenue, on the other hand, was down 7% at £563.1m as a result of lower vehicle prices but the company stated that used car prices appeared to stabilising and that it now expects economic pressures to begin to ease.

Chief executive Mark Carpenter said: "I am pleased with our solid performance in the first half of FY25, which was marked by a return to profitability following several years of considerable headwinds that have impacted our industry.

"Following the challenges faced in recent times, we remain cautious as supply slowly improves and macroeconomic pressures continue to ease, while demonstrating our return to profitability, as we plan courses of action to accelerate this growth."

As of 1040 GMT, Motorpoint shares had surged 12.37% to 131.75p.









Reporting by Iain Gilbert at Sharecast.com

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

 

MOTR Market Data

Currency UK Pounds
Share Price 173.00p
Change Today 2.50p
% Change 1.47 %
52 Week High 187.00
52 Week Low 116.00
Volume 5,005
Shares Issued 83.62m
Market Cap £144.66m
Beta 0.00

MOTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.17% below the market average76.17% below the market average76.17% below the market average76.17% below the market average76.17% below the market average
88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average88.57% below the sector average
Price Trend
82.83% above the market average82.83% above the market average82.83% above the market average82.83% above the market average82.83% above the market average
83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average83.33% above the sector average
Income
72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average
73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average73.91% below the sector average
Growth
29.48% below the market average29.48% below the market average29.48% below the market average29.48% below the market average29.48% below the market average
5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average5.56% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MOTR Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Jul-25 06-Feb-20
Paid 01-Aug-25 13-Mar-20
Amount 1.00p 2.60p

Trades for 28-Aug-2025

Time Volume / Share Price
16:35 3,803 @ 173.00p
16:35 392 @ 173.00p
16:35 135 @ 173.00p
16:35 43 @ 173.00p
16:35 1,616 @ 173.00p

MOTR Key Personnel

CFO Chris Morgan

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