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Motorpoint drives forward on record metrics

Motorpoint's ecommerce channels performed well as branches reopened and future growth prospects look encouraging
Motorpoint drives forward on record metrics
  • Record gross margin 
  • Personnel changes part of digital transformation drive

Motorpoint (MOTR) more than doubled revenue against its lockdown-hit comparative and zoomed to record first-half profit before tax. Gross margin was up by 10 basis points to reach a historic high of 9.2 per cent, driven by higher vehicle values and pricing controls.

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