Motorpoint’s H1 trading update showed strong retail sales volume growth, market share gains and a further improvement in PBT, positioning the Group well to meet our unchanged full year estimates. Vehicle supply availability is reportedly good and momentum going into H2 2025 is strong. We are not concerned by the small increase in net debt, as this reflects the £5m spent on share buybacks and an increase in stock to capitalise on strong demand. Unchanged Zeus P&L forecasts show strong profit grow ....
