With the government allowing car dealerships to reopen from 1 June 2020, Marshall Motor Holdings (MMH) has issued a trading update and plans to progressively return to full operation in a COVID-19 secure fashion. The protection of both its employees and customers remains the company’s paramount consideration. Financially MMH appears to have weathered the shutdown well with adjusted net debt (excluding IFRS 16 leases) of £3.2m at 31 May, although it expects to report an H120 loss b
02 Jun 2020
Marshall Motor Holdings - Driving out of lockdown
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Marshall Motor Holdings - Driving out of lockdown
- Published:
02 Jun 2020 -
Author:
Andy Chambers -
Pages:
5
With the government allowing car dealerships to reopen from 1 June 2020, Marshall Motor Holdings (MMH) has issued a trading update and plans to progressively return to full operation in a COVID-19 secure fashion. The protection of both its employees and customers remains the company’s paramount consideration. Financially MMH appears to have weathered the shutdown well with adjusted net debt (excluding IFRS 16 leases) of £3.2m at 31 May, although it expects to report an H120 loss b