Vertu Motors Plc (Vertu) operates as an automotive retailer engaged in the sales of new cars, motorcycles, vans and commercial vehicles and used vehicles. It operates a nationwide chain of franchised motor dealerships offering sales, servicing, parts and Bodyshop facilities for new and used cars and commercial vehicles. The company also provides aftersales services. Vertu operates franchise dealerships such as Volkswagen, Volvo and Land Rover and Jaguar and Honda dealerships in the UK. Its dealerships operate under the brand names Bristol Street Motors, Vertu Motors and Macklin Motors. Vertu is headquartered in Gateshead, the UK.
Headquarters
United Kingdom
Address
Vertu House, Fifth Avenue, Gateshead, Durham, NE110XA
Website
www.vertumotors.com
No of Employees
7,323
Industry
Automotive
Ticker Symbol & Exchange
VTU (LON)
Revenue (2023)
$4.9B
11.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-57.4%
(2023 vs 2022)
Market Cap*
$282.3M
Net Profit Margin (2023)
XYZ
-61.5%
(2023 vs 2022)
* As of and is in US$
Vertu Motors Plc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Sales, Service, Parts and Body Shop Facilities for New and Used Cars and Commercial Vehicles | Bristol Street Motors |
| Automotive Retailing | Macklin Motors |
| Vertu Motors |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company acquired Rowes Garage Limited. |
| 2023 | Stake Sale | In February, the company sold 3.1% stake to TDR Capital. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company acquired Helston Garages Group Limited. |
Competitor Comparison
| Key Parameters | Vertu Motors Plc | Lookers Plc | Pinewood Technologies Group PLC | Jardine Motors Group UK Ltd | H.R. Owen Plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | Gateshead | Altrincham | Nottingham | Colchester | London |
| State/Province | Durham | England | England | England | England |
| No. of Employees | 7,323 | 6,658 | 5,334 | 2,709 | 489 |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew Goss | Chairman | Executive Board | 2019 | 65 |
| Robert Forrester | Director; Chief Executive Officer | Executive Board | 2006 | 53 |
| Karen Anderson | Director; Chief Financial Officer | Executive Board | 2019 | 51 |
| David Crane | Director; Chief Operating Officer | Executive Board | 2018 | 55 |
| Liz Cope | Chief Marketing Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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