Motorpoint Group plc AGM Trading Update (5116V)
July 24 2018 - 1:00AM
UK Regulatory
TIDMMOTR
RNS Number : 5116V
Motorpoint Group plc
24 July 2018
24 July 2018
Motorpoint Group Plc
("Motorpoint" or "the Company")
AGM Trading Update
Mark Morris, Chairman of Motorpoint, the UK's largest
independent vehicle retailer, will make the following statement at
the Company's Annual General Meeting to be held at 11:00am
today:
"Q1 trading for both sales and profit has been solid, and has
continued at a consistent pace into the early weeks of Q2. Group
stock and immediate supply outlook are strong, and the Board
remains confident of delivering the full year performance in line
with management expectations."
Contact Information:
Motorpoint Group Plc (www.motorpointplc.com) Via FTI Consulting
Mark Carpenter, Chief Executive Officer
James Gilmour, Chief Financial Officer
FTI Consulting (Financial PR)
Alex Beagley
James Styles
Fern Duncan 020 3727 1000
Notes to editors
Motorpoint is the largest independent vehicle retailer in the
United Kingdom. The Company's principal business is the sale of
nearly-new vehicles, the majority of which are up to two years old
and which have covered less than 15,000 miles. Motorpoint sells
vehicles from brands representing over 95 per cent. of new vehicle
sales in the United Kingdom, with models from Ford, Vauxhall,
Volkswagen, Nissan, Hyundai, Audi and BMW being amongst the top
sellers. The Group operates from 12 retail sites across the United
Kingdom; Derby, Burnley, Glasgow, Newport, Peterborough, Chingford,
Birmingham, Widnes, Birtley, Castleford, Oldbury and Sheffield, of
which four have opened in the last three years; together with a
national contact-centre dealing with online enquiries.
More information is available at www.motorpointplc.com and
www.motorpoint.co.uk.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
AGMPGUQUMUPRPGW
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