Vertu Motors - Analyst Interview, Zeus Capital
VTU
,
ZEUS
Wed, 11 May 2016, 12:15 BST
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 198 sales outlets across the UK.
Industry: Retail
Contact: 020 7831 3113
Team Valley
https://investors.vertumotors.com/
Zeus Capital provide their view on Vertu Motors final results for the year ended 29 February 2016. Vertu reported another record performance year with revenues up by 16.8% as well as record profit before tax increasing 23.8%. These results were 4% ahead of expectations at the adjusted EPS level. With the shares still below their placement price, Zeus see significant value longer-term, and believe that the company is in a strong position to deliver EPS of 8p once it deploys its capital.
