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Higher sales drive up Vertu Motors results

VERTU Motors said its full year results should come in ahead of market expectations after posting strong interim results helped by higher sales of new and used cars.

The motor dealer – which operates from Dunfermline, Glasgow, Hamilton and Paisley, under the Macklin Motors badge in Scotland – reported a near 15% rise in revenue from £547 million to £628.1m.

For the six months to August 31, pre-tax profits accelerated almost 27% from £4.1m to £5.2m.

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