Motorpoint Group plc Opening of 12th site - Sheffield (6006D)
April 28 2017 - 2:00AM
UK Regulatory
TIDMMOTR
RNS Number : 6006D
Motorpoint Group plc
28 April 2017
28 April 2017
Motorpoint Group PLC
("Motorpoint" or the "Group")
Opening of 12(th) site - Sheffield
Motorpoint Group PLC, the UK's largest independent vehicle
retailer, is pleased to announce the opening of its new Sheffield
site.
This is the Group's 12(th) site and is ideally located to expand
Motorpoint's offer to customers across South Yorkshire. Today's
opening marks the Group's fourth new site within the last 18
months, following the successful launches last year in Castleford
and Oldbury, and the opening of Birtley in November 2015.
The Sheffield site, a short drive from the Sheffield Arena and
Meadowhall Shopping Centre, is a 10-acre former car supermarket
located close to junctions 33 and 34 of the M1. The site will have
available up to 500 nearly new vehicles from over 30 different
manufacturers.
Mark Carpenter, Chief Executive Officer, commented:
"I am pleased that we have opened our 12(th) site in what has
been a busy period for the Group. Sheffield is a key demographic
area and we are delighted to have generated 50 new jobs in the
region. The recent openings are performing well, and the management
team is confident that this new site will be a further successful
addition to the Group's portfolio as we deliver on our focused
approach to new site openings to capture additional market
share."
Final Results
The Group will publish its final results for the year ended 31
March 2017 on 12 June 2017.
Enquiries:
Motorpoint Group plc via FTI Consulting
Mark Carpenter, Chief Executive
Officer
James Gilmour, Chief Financial
Officer
FTI Consulting (Financial
PR)
Jonathon Brill
Alex Beagley
James Styles 020 3727 1000
Notes to editors
Motorpoint is the largest independent vehicle retailer in the
United Kingdom. The Group's principal business is the sale of
nearly-new vehicles, the majority of which are up to two years old
and which have covered less than 18,000 miles. Motorpoint sells
vehicles from brands representing over 95 per cent. of new vehicle
sales in the United Kingdom, with models from Ford, Vauxhall,
Volkswagen, Nissan, Hyundai, Audi and BMW being amongst the top
sellers. The Group operates from 12 retail sites across the United
Kingdom; Derby, Burnley, Glasgow, Newport, Peterborough, Chingford,
Birmingham, Widnes, Birtley, Castleford, Oldbury and Sheffield, of
which seven have opened in the last five years; together with a
national contact-centre dealing with online enquiries.
More information is available at www.motorpointplc.com and
www.motorpoint.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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