Vertu has released a pre-close update, confirming FY21E performance is in line with current market consensus and Zeus Capital estimates with underlying PBT expected to be c.£23.0m. Vertu’s long-term investment case remains compelling and we reiterate our valuation of 65p per share.
01 Mar 2021
Vertu Motors Plc (VTU LN) - Trading update
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Vertu Motors Plc (VTU LN) - Trading update
Vertu Motors PLC (VTU:LON) | 67.8 0 0.0% | Mkt Cap: 229.1m
- Published:
01 Mar 2021 -
Author:
Rachel Birkett, CFA -
Pages:
8
Vertu has released a pre-close update, confirming FY21E performance is in line with current market consensus and Zeus Capital estimates with underlying PBT expected to be c.£23.0m. Vertu’s long-term investment case remains compelling and we reiterate our valuation of 65p per share.