Vertu Motors has upgraded its pre-tax profit forecast from £70m to at least £75m, according to a trading update via the London Stock Exchange. This concerns the five-month period to January 31, not the full year.
Full results will be announced in May, but in the update CEO Robert Forrester said: “I am pleased to report that the board now expects the trading result for the year ended 28 February 2022, at an adjusted profit before tax level, to be not less than £75m.”
Nice one, Robert.