Vertu Motors - Analyst Interview, Zeus Capital
Vertu Motors plc is the sixth largest automotive retailer in the UK with a network of 116 sales and aftersales outlets across the UK.
Contact: 020 7831 3113
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.