Gateshead-headquartered automotive retailer Vertu Motors has settled a business interruption insurance claim worth £3.9m relating to the cyber-attack on Jaguar Land Rover.
The attack in September 2025 temporarily disrupted JLR vehicle supply, parts availability and connected systems used by JLR franchised retailers, including those operated by Vertu Motors.
The total claim recovery has been agreed at £3.9m, against which a £500,000 policy deductible applies, resulting in a total net insurance recovery to the group of £3.4m.
A £1m interim payment was notified in the 5 March 2026 trading update. The full recovery will be recognised as underlying income in the group’s results for the year ended 28 February 2026.
Taking this into account, the board now expects FY26 adjusted profit before tax to be ahead of the current market consensus of £21.6m.
