Car supermarket Motorpoint Group today issued an update on current trading and the outlook for the year ended 31 March 2027.
It said trading volumes have been stronger than anticipated, supported by its strategic initiatives, including accelerated investment in technology, data and AI, with margin improvements yielding higher profitability per unit.
“Supply dynamics remain favourable and we are pleased to announce a further store has been secured to open in Spring 2027.
“Given increased confidence in vehicle supply conditions, the success implementing our technology and AI strategic plans, the momentum in our performance year to date and robust outlook, we now expect that PBT for FY27 will be in the range of £9.8m-£10.8m.”
“This is ahead of current market consensus, which is in the range of £9.1m-£10.0m and represents annual PBT growth of between 30% and 44%, building further on PBT growth of 82.9% in FY26.”
Motorpoint will provide further detail in its scheduled H1 trading update in early October 2026.
