Vertu Motors (VTU) Full Year 2022 results presentation - May 2022

Vertu Motor's CEO, Robert Forrester & CFO, Karen Anderson present the full year results for the period ended 28 February 2022. Robert Forrester, CEO00:17 – Introduction00:38 – 2022 At a glance Karen Anderson, CFO03:25 – Financial KPIs04:19 – Profit bridge06:31 – Capital allocation07:45 – Balance sheet Robert Forrester, CEO08:31 – Strategic update10:40 – Group strategy17:27 – Market trends22:10 – Vehicle sales23:50 – Digitalisation progress28:56 – Current trading32:09 – Outlook 34:26 – Q&A Vertu Motors plc is an automotive retailer in the United Kingdom. The Company operates franchised motor dealerships offering sale, servicing, parts and bodyshop facilities for new and used car and commercial vehicles. The Company operates many of its dealerships as Bristol Street Motors. It also operates a range of franchise dealerships, such as Volkswagen, Land Rover, Audi, Mercedes-Benz and Jaguar. The Company offers products, such as new and used cars, vans, trucks, motorcycles, fleet vehicles, and parts and accessories. Its brands include Bristol Street Motors, Macklin Motors, Vertu Motors, Car Credit Assured, What Car? Leasing, Vertu Lease Cars, Vansdirect, The Taxi Centre and Ace Parts. The Company operates approximately 150 franchised and 4 non-franchised operations across England and Scotland.