Motorpoint Group Plc announced revenue guidance for Fiscal year 2024. As a result of the pricing corrections in Q3, which was exacerbated by the timing of the Group's seasonal increase in stock, in addition to the disruption caused by the Derby store closure, profitability for FY24 is now likely to be £5 million to £6 million below expectations, even with an anticipated strong Q4. However, the Board believes that the corrective cost and efficiency actions taken in FY24, combined with the positive signs that economic headwinds will ease in FY25, will ensure the Group is well placed to deliver an improved financial performance in FY25 as the market returns to a more normal trading environment.