8 April 2026

Motorpoint Group PLC

("Motorpoint" or the "Group")

Full Year Trading Update and New Store Opening

Record retail volumes and Profit before tax up 83%

Motorpoint Group PLC, the UK's leading independent omnichannel vehicle retailer, provides an update on its trading performance for the year ended 31 March 2026 ("FY26"), ahead of announcing its Final Results in June 2026.

Highlights
 

·    Record retail volumes of c.65,000 in FY26, up 8.0% on FY25, demonstrating continued outperformance of the used car market

·    Profit before taxation is expected to be c.£7.5m, up 83% (FY25: £4.1m), aided by record metal margin performance, which helped offset inflationary pressures

·    Earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to be c.£27.0m, up 13.0% (FY25: £23.9m)

·    Return on Capital Employed is expected to be c.70%, demonstrating the continued effectiveness of our capital light model

·    Improved Net Promoter Score rating to 83 (FY25: 80), reinforcing our excellent customer service

·    New store to open in Leeds in Summer 2026

Sales and Profitability

Record retail volumes of c.65,000 were achieved in FY26 and we continue to outperform the used car market. Our volumes grew 6.0% in the 2025 calendar year, compared to 2.2% for the overall used car market. Since launching our new agentic AI tool to reactivate historic closed quotes, c.900 incremental vehicle sales can be attributed to this channel. Supply of vehicles has returned to more normalised levels, and we are securing more bulk deals as a result. We are also sourcing more vehicles directly through our Sell Your Car channel. The use of data to inform both buying and pricing vehicles is firmly embedded, which has supported record metal margin performance. This has helped offset ongoing inflationary pressures, notably in labour costs.    

New Stores

Good progress has been made to secure new sites for store development, and we will open in Leeds this summer. The city of Leeds, and surrounding areas, provide an excellent opportunity to access a new, large market.

Mark Carpenter, Chief Executive Officer of Motorpoint Group PLC commented:

"The Group had an excellent year in FY26, and I am delighted to report record sales volumes and an 83% increase in profit before taxation. FY26 has been a step change year for Motorpoint, where the use of data became fundamental within the business and we started to embrace the benefits of AI. Whilst the macroeconomic uncertainty in recent weeks leads to a degree of caution due to the risks of increased inflation and interest rates, our superior customer service, omnichannel business model and exciting growth plans mean we are well placed to take advantage of opportunities to further increase market share and build long term value for shareholders." 

ENDS

Enquiries:

Forward looking statements:  The information in this release is based on management information. This report includes statements that are forward looking in nature. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Company undertakes no obligation to update, revise or change any forward looking statements to reflect events or developments occurring after the date of this report.

Notes to editors

Motorpoint is the UK's leading independent omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 21 sales and collection stores, the Group provides an unrivalled offering in the nearly new car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes. Motorpoint's purely online wholesale platform Auction4Cars.com sells vehicles into the wholesale B2B market that have been part exchanged by retail customers, or purchased directly from them by the Group as part of its online car buying service. Motorpoint's diversified business model, underpinned by its established brand, industry leading technology and sophisticated marketing infrastructure, always delivers the best choice, value and quality for customers.