Vertu’s sales motor ahead

Marion Dakers
FAST-GROWING car seller Vertu said its revenues rose by a third to £837.2m in the six months to the end of August, helped by a string of acquisitions.

Aim-listed Vertu said pre-tax profits rose 68.6 per cent to £8.6m, prompting the firm to predict that full-year results will be “significantly ahead of market expectations”. The company expects to make more acquisitions in the rest of the financial year.
“The board is delighted with the strong results announced today having pursued its successful buy and build strategy for over seven years,” said boss Robert Forrester.