Half Year Results 

Overheads dent Motorpoint's profits

Overheads dent Motorpoint's profits

The auto-retail market has continued to be tough for Motorpoint (MOTR) in the six months to September, with the group seeing "unusually high pressure on margins" in the first half of FY2020. They recovered to a degree in the second quarter, but the group still reported a 130 basis point drop in the gross margin compared with last year.

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