Vertu Motors receives £3.4m insurance payout from JLR cyber-attack

UNITED KINGDOM - Vertu Motors plc announced Wednesday it has settled a business interruption insurance claim for £3.9 million related to a cyber-attack on Jaguar Land Rover Limited in September 2025, according to a press release statement.

The automotive retailer will receive a net recovery of £3.4 million after a £0.5 million policy deductible. The company previously disclosed a £1.0 million interim payment in its March 5 trading update.

The cyber-attack temporarily disrupted JLR vehicle supply, parts availability and connected systems used by JLR franchised retailers, including those operated by Vertu Motors. The business impact was resolved by early 2026.

The full recovery will be recognized as underlying income in the Group’s results for the year ended February 28, 2026.

The additional £2.4 million insurance recovery means the company expects its adjusted profit before tax for the fiscal year 2026 to exceed the current market consensus of £21.6 million, which had a range of £21.0 million to £22.0 million referenced in the March 5 trading update.

Vertu Motors operates 191 sales outlets across the UK and is the fourth largest automotive retailer in the country.

The company plans to announce preliminary results for the year ended February 28, 2026 on May 13, 2026.

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