Motorpoint on track for 83% leap in profits to £7.5m

By automotive-mag.com 2 Min Read

Motorpoint Group has released an update on its trading performance for the year ended 31 March 2026, ahead of announcing its Final Results in June 2026.

The supermarket reported record retail volumes of 65,000, up 8% year on year. Pre-tax profits was expected to be £7.5m, up 83% and earnings before interest, tax, depreciation and amortisation is expected to increase 13% to £27m. The company is to open a new store in Leeds in Summer 2026

Since launching its new agentic AI tool to reactivate historic closed quotes, c.900 incremental vehicle sales can be attributed to this channel.

It said supply of vehicles had returned to more normalised levels and it was securing more bulk deals as a result while also sourcing more vehicles directly through our Sell Your Car channel.

Mark Carpenter, chief executive officer of Motorpoint Group, said: “The group had an excellent year in FY26, and I am delighted to report record sales volumes and an 83% increase in profit before taxation.

“FY26 has been a step change year for Motorpoint, where the use of data became fundamental within the business and we started to embrace the benefits of AI.

“Whilst the macroeconomic uncertainty in recent weeks leads to a degree of caution due to the risks of increased inflation and interest rates, our superior customer service, omnichannel business model and exciting growth plans mean we are well placed to take advantage of opportunities to further increase market share and build long term value for shareholders.”

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *