VERTU MOTORS PLC (VTU) — Final Results for the year ended 28 February 2025

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the VERTU MOTORS PLC final results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the q and a tab. It's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and will publish those responses where it's appropriate to do so. Before we begin, we would like to submit the following poll. And if you could just give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the executive management team from VERTU MOTORS PLC. Robert, good afternoon, sir. Good afternoon, and thank you for hosting this. I'm accompanied this afternoon by our CFO, Karen Anderson, and you can see the slides. So we'll make a start. We'll we'll keep this to an hour, so we will finish at half past four. Next slide. The the investment case of VERTU MOTORS, I think, is very clear. We are the only major quoted player in The UK franchise retailer space, which used to have a lot of quoted PLCs. Our long term investment case, I think, remains very sound and reflects our strong strategic position. We are one of six super groups with turnover in excess of 4,000,000,000 operating in The UK franchise dealer space. We've got the widest geographic coverage and the widest manufacturer footprint in The UK and have around 5% of The UK car market. We're also very strong in vans with a similar market share. The scale that we've got, we employ around 7,800 people, gives us very...