Marshall Motor Holdings (“MMH”) has released a trading update for the four months to 30 April showing continued market outperformance during a period of showroom closures. Overall revenue was up 33.3% on a LFL basis with a strong performance across new, used and aftersales. PBT for FY21E is now expected to be no less than £22.1m, in line with FY19 results, which is after paying back all Government grants received in 2021. The Group has stated its intention to reinstate dividends at the earliest ....
20 May 2021
Marshall Motor Holdings Plc (MMH LN) - AGM Trading Statement
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Marshall Motor Holdings Plc (MMH LN) - AGM Trading Statement
- Published:
20 May 2021 -
Author:
Rachel Birkett, CFA -
Pages:
7
Marshall Motor Holdings (“MMH”) has released a trading update for the four months to 30 April showing continued market outperformance during a period of showroom closures. Overall revenue was up 33.3% on a LFL basis with a strong performance across new, used and aftersales. PBT for FY21E is now expected to be no less than £22.1m, in line with FY19 results, which is after paying back all Government grants received in 2021. The Group has stated its intention to reinstate dividends at the earliest ....