Half Year Trading Update & Notice of Results

Motorpoint Group plc

09 October 2026

9 October 2026

Motorpoint Group PLC

("Motorpoint", the "Company" or the "Group")

Half Year Trading Update & Notice of Results

Strong trading driven by strategic initiatives; advanced AI and digital capabilities underpin long term prospects

Underlying profit before taxation is expected to be up 81% on previous year

Motorpoint Group PLC, a technology innovator in nationwide, omnichannel automotive retailing, provides an update on its trading performance for the six months ended 30 September 2026 ("H1 FY27").

Highlights

·    Strong retail volume growth: Retail volume growth of 7.6% compared to H1 FY26, demonstrating continued outperformance against the wider used car market and the positive impact of the new Leeds store, which opened in early July

·    Technology strategy delivering: Motorpoint's technology-enabled operating platform, which uses advanced AI, data and digital capabilities, continues to accelerate our volume growth and improved profitability per unit

·    Profit growth: Underlying profit before taxation is expected to be c.£6.5m, up 81% (H1 FY26: £3.6m), reflecting volume growth, continued strong metal margins and disciplined cost control

·    Positive impact of capital light business model: Return on Capital Employed, based on the last 12 months performance, is expected to be c.80%, up from 59% in preceding period, demonstrating the efficiency of the Group's capital light model

·    Confident in outlook: The Board remains confident in the outlook for FY27 and trading is in line with the recently upgraded market consensus

Sales and Profitability

The positive momentum highlighted in the recent September Trading Update continued during the remainder of the month. The Group's technology-enabled operating platform, underpinned by sustained investment in AI, data and digital capabilities together with new store growth, continues to support improved pricing, vehicle acquisition, customer demand generation, vehicle allocation and fulfilment, and business intelligence.  This has helped Motorpoint deliver market share outperformance and record metal margins. Along with disciplined cost control, this has more than offset the impact of high interest rates and inflation.

The Board remains confident in the outlook for FY27 and therefore continues to expect underlying profit before taxation for the full year to be in the range of £9.8m to £10.8m, in line with the recently upgraded market consensus.

Notice of Results

The Group expects to announce its Interim Results on 11 November 2026.

Mark Carpenter, Chief Executive Officer of Motorpoint Group PLC commented:

"Motorpoint has delivered another strong period of volume and profit growth. This is despite a backdrop of consumer uncertainty fuelled by inflation, high interest rates and the impending Government budget. The investments made in technology have driven tangible operational and financial benefits, helping us source the right vehicles and price them for optimised rate of sale, which results in consistently high metal margins. The competitive advantages resulting from this investment, along with strong financial performance in the first half of FY27 gives us confidence in the Group's prospects for the remainder of the year and beyond."

Enquiries:

Motorpoint Group PLC Mark Carpenter, Chief Executive Officer Chris Morgan, Chief Financial Officer	via Teneo
Teneo James Macey-White Arthur Rogers	44 207 260 2700

Forward looking statements:  The information in this release is based on management information. This report includes statements that are forward looking in nature. Forward looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Group to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Except as required by the Listing Rules and applicable law, the Company undertakes no obligation to update, revise or change any forward looking statements to reflect events or developments occurring after the date of this report.

Notes to editors

Motorpoint Group PLC is a technology innovator in nationwide, omnichannel automotive retailing. Through its technology-enabled operating platform, the Group is focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car across its digital and store channels. Through its leading B2C platform, Motorpoint.co.uk, and UK network of 22 sales and collection stores, the Group provides an unrivalled offering, enabling consumers to effortlessly browse, buy or finance their next car and collect it the same day or from the most convenient location across the network. Motorpoint's purely online wholesale platform Auction4Cars.com sells vehicles into the wholesale B2B market that have been part exchanged by retail customers, or purchased directly from them by the Group as part of its online car buying service. Motorpoint's diversified business model, underpinned by its established brand, industry leading technology and sophisticated marketing infrastructure, always delivers the best choice, value and quality for customers.

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