Vertu Motors (GB:VTU) has released an update.
Vertu Motors PLC, a leading UK automotive retailer, has released its financial results for the year ending 29 February 2024, showcasing record revenues of £4.72 billion and a robust profit before tax increase of 6.5% to £34.6 million. Despite a challenging market, the company saw strong cash generation, reducing net debt and increasing dividends by 9.3%. The results reflect a successful management strategy during a period of market corrections, with the company well-positioned for the upcoming financial year.
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