Full Year Trading Update and New Store Opening

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."