AM Online

Vertu says business trading as expected

Major AM100 group Vertu Motors expects its trading results to be in line with expectations when it announces its interim results on October 14.

The retailer, which trades as Bristol Street Motors, issued a statement to the London Stock Exchange this morning which said trading has followed the positive trends it highlighted at its AGM on July 23.

Disposal of a surplus freehold property was completed yesterday, netting £3.9m cash, which will be used to reduce debt.

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