Vertu Motors has landed a multi-million pound payout after suffering from the disruption caused by a cyber-attack at Jaguar Landrover. The AIM-listed car dealership said it was able to agree a £3.9m business interruption claim from its insurers after the attack “disrupted JLR vehicle supply, parts availability and connected systems
Simon Hunt
Thursday 30 April 2026 8:19 am | Updated: Thursday 30 April 2026 8:40 am
Vertu Motors has landed a multi-million pound payout after suffering from the disruption caused by a cyber-attack at Jaguar Landrover.
The AIM-listed car dealership said it was able to agree a £3.9m business interruption claim from its insurers after the attack “disrupted JLR vehicle supply, parts availability and connected systems used by JLR franchised retailers.”
Insurers have already handed Vertu a £1m interim payment, the firm said, with the full some to be recognised in its financial year to the end of February 2026.
As a result of the payout, Vertu said its pre-tax profit for the year was set to come in well ahead of investor expectations of £21.6m.
Despite the upgrade, the news sent Vertu’s shares down 3.7 per cent to 62p in early morning trade on Thursday.
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Jaguar Land Rover revealed in November that it lost almost £500m during the second quarter of its financial year as it battled the most expensive cyber attack in British history.
The automotive giant has reported a loss before tax and exceptional items of £485m for the three months to 30 September, 2025.
The figure compares to a profit of £398m for the same period in 2024.
JLR has also confirmed that it lost £134m during the first half of its financial year, having made a profit of £1.1bn over the same six months in 2024.
The company’s revenue for the second quarter was down 24 per cent to £4.9bn while its half-year sales fell 16 per cent to £11.5bn.
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