The Motorpoint Group Plc Directors have recommended a final dividend of 1.2p per share (FY25: 1.0p), bringing the total amount payable in respect of the year ended 31 March 2026 to 2.2p (FY25: 1.0p). Subject to approval at the AGM, this will be paid on 31 July 2026, to those on the register at close of business on 3 July 2026 (the record date).
Other financial highlights include:
•Total revenue increased 8.1% to £1,268.6m, as they continue to outperform the wider used car market
•Firmly embedded data-led approach to buying and selling vehicles has resulted in improved and stable metal margins
•Finance commission income remains subdued due to elevated interest rates
•Despite the full year effect of the Norwich store opening and wage cost pressure, the operating expenditure increase was well below that of gross profit, reflecting strong focus on cost control and efficiency
•Stock availability continues to normalise, leading to improved stock levels, with a commensurate increase in finance expense
•Profit before tax increased 82.9% to £7.5m, and EBITDA by 15.1% to £27.5m
•Cash movement influenced by stock buying and purchase of two freehold sites (for an aggregate gross consideration of £13.1m) in final quarter
•Excellent Return on Capital Employed. Growing to 67.2%, from 46.6% last year, reflecting increased profitability and demonstrating the effectiveness of their capital light model
•Successful completion of further share buyback programme with 3.0m shares bought back and cancelled at a cost of £5.0m. Since March 2024, £11.7m (including dividends) has been returned to shareholders, with an overall reduction in shares in issue of over 7%
