Vertu Motors – there is life in motor retail
Vertu hasn’t really done much wrong since arriving on the market at the end of 2006 other than choosing a poor time to grow a motor retail group from scratch. However, at least financial markets were accommodating at the time enabling them to raise well in excess of the required funds; it’s just a pity they didn’t hold back a bit longer before going on the acquisition spree!
The group’s trading update on 5th…
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