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09-Mar-2021 07:50 AM

Marshall Motor scraps dividend as underlying profit slips

Auto retailer Marshall Motor reported a lower underlying annual profit and scrapped its dividend after the pandemic hurt demand for travel. Pre-tax profit for the year through December actually increased 3.7% to £20.4 million, up from £19.6 m
09-Dec-2020 07:49 AM

Marshall Motor upgrades annual profit guidance

Auto dealer Marshall Motor upgraded its annual profit guidance, even after another temporary closure of its showrooms. Pre-tax profit for the year through December was now expected to be at least £19 million, up from previous guidance of £15
13-Oct-2020 07:29 AM

Marshall Motor upgrades profit guidance as sales continue to rebound

Auto retailer Marshall Motor upgraded its annual profit guidance as trading continued to bounce back strongly following an easing of the UK's national lockdown. Pre-tax profit for the year through December was now seen falling to £15 million,
18-Aug-2020 07:59 AM

Marshall Motor books loss, scraps dividend as car sales slump

Auto dealer Marshall Motor swung to a first-half loss after Covid-19 lockdowns crimped car sales. Pre-tax losses for the six months through June amounted to £10.7m, compared to losses of £14.8m on-year. Revenue reversed 24% to £895.3m.
01-Jun-2020 07:17 AM

Marshall Motor reopens showrooms; warns of first-half loss

Auto dealer Marshall Motor said it had opened all 117 of its showrooms from Monday under revised Covid-19 operating procedures. The company had kept 62 aftersales operations open during the lockdown closure period to support emergency services, commercia
10-Mar-2020 08:06 AM

Marshall Motor adjusted profit falls 11% in 'challenging' market

Auto dealer Marshall Motor posted a fall in annual adjusted profit as 'challenging' market conditions but pressure on margins. Pre-tax profit for the year through December increased 8.9% to £19.6m, up from £18.0m on-year, as revenue
13-Aug-2019 07:44 AM

Marshall Motor raises dividend by a third despite challenging market

Auto dealer Marshall Motor posted a 9% fall in first-half profit as 'challenging' market conditions lowered sales of new cars and put used car margins under pressure. Pre-tax profit for the six months through June fell to £14.8m, down fro
11-Jul-2019 08:39 AM

Marshall Motor outperforms market in H1, expects profits "in line" with expectations

Despite a challenging backdrop, UK-based automotive retail group Marshall Motor Holdings said it had outperformed the market in the first half in both retail and fleet new vehicle unit sales and expected underlying first-half pre-tax profit to be "in
13-Mar-2019 09:16 AM

Marshall Motor hikes dividend 33% amid modest adjusted profit growth

Marshall Motor Holdings booked a rise in annual profit, despite falling sales, after it shut six loss-making dealerships. Pre-tax profit for the year through December rose 48% to £18.7m, though underlying profit, which stripped out one-offs like pe
14-Nov-2018 07:46 AM

Marshall Motor sees annual profits rising after better-than-expected October

Car retailer Marshall Motor Holdings said it expected to post annual underlying pre-tax profits ahead of the previous year. The company said it was issuing a trading update 'in response to better than anticipated trading during October and a more po
14-Aug-2018 08:12 AM

Marshall Motor profit falls as UK car market goes into reverse

Car dealer Marshall Motor Holdings booked a 7.1% fall in first-half profit as lax demand for new cars in the UK weighed on sales. Pre-tax profit for the six months through June fell to £17.2m, as revenue fell 2.1% to £1.16bn. Underlying prof
03-Jul-2018 08:12 AM

Marshall Motor expects marginal profit rise in 'challenging' UK car market

Marshall Motor said it expected to post a 'marginal' rise in first-half profit, driven by tight cost control in a challenging market for UK new vehicles. During the first five months of 2018, the UK new car market declined further, as widely ex
14-Mar-2018 08:09 AM

Marshall Motor profit more than doubles, remains 'cautious' on UK car market

Automotive retailer Marshall Motor Holdings said its annual profit more than doubled after it sold its leasing business and grew revenue, despite recording lower like-for-like new and used car unit sales. Pre-tax profit jumped to £53.1m, up from &p
11-Jan-2018 07:45 AM

Marshall Motor ahead of upgraded expectations

Marshall Motor, the automotive retail group, expects its financial performance in 2017 to be ahead of its previously upgraded pre- and post-tax expectations. The company said in the second half it continued to build on the record financial performance re
24-Nov-2017 01:05 PM

Marshall Motor completes disposal

Marshall Motor Holdings (MMH) has confirmed that it has now completed the disposal of Marshall Leasing to N.I.I.B Group for £42.5m after receiving regulatory approval from the Financial Conduct Authority. Daksh Gupta, Chief Executive Officer commen
21-Sep-2017 09:11 AM

Marshall Motor to sell leasing business

Automotive retail group Marshall Motor is to sell its leasing segment, Marshall Leasing, to N.I.I.B Group, which trades as Northridge Finance, for a gross cash consideration of £42.5m. Marshall Motor said the disposal will allow it to focus on it
15-Aug-2017 08:38 AM

Marshall Motor lifts divi after record retail results

Marshall Motor, an automotive retail and leasing group, grew its underlying profit before tax by 32.9% to £18.6m in the first half, with revenues up 43.7% to £1,187.4 million. The company saw record results in its retail segment, with pre-tax
04-Jul-2017 07:19 AM

Marshall Motor's FY outlook now above previous views

Marshall Motor Holdings said, given the strong performance during H1, its current FY outlook was now ahead of its previous expectations. It had delivered a strong performance during H1, particularly in Q1. "The board is cognisant of the economic an
23-May-2017 01:16 PM

Marshall Motor resolutions passed at AGM

Marshall Motor Holdings has announced that, at the Company's Annual General Meeting held today, all resolutions were passed. At 1:16pm: (LON:MMH) Marshall Motor Holdings PLC share price was 0p at 151.5p Story provided by StockMarketWire.com...
15-Mar-2017 07:30 AM

Marshalls lifts FY pretax profit and divi

Marshalls, the specialist landscape products group, has bumped up its FY pretax profit and total dividend, with revenue also rising. "The group has again delivered significant profit growth in 2016 with the underlying indicators remaining supportive
12-Jan-2017 07:33 AM

Marshall Motor sees FY performance in line

Marshall Motor Holdings said the financial performance of the group during FY 2016 is anticipated to be comfortably in line with its expectations. The Group continued to build on the record financial performance reported during the first half of FY16 (&q
16-Aug-2016 07:39 AM

Marshall Motor's H1 pretax profit improved

Marshall Motor's H1 pretax profit has improved to £12.1m, from £10.5m, with directors pleased with the period that enjoyed strong trading. Revenue was £826.4m, from £632.5m. Interim dividend was lifted to 1.8p, from a pro-rat
13-Jul-2016 07:23 AM

MMH robust

Marshall Motor has reported a robust H1 that was in line with directors' expectations. "The group delivered record results in the period with significant growth in performance versus the same period last year," it said. "This includ
13-Jul-2016 07:04 AM

Marshall Motor reports robust H1

Story provided by StockMarketWire.com...
12-Jan-2016 07:23 AM

Marshall Motor's FY outlook in line with its views

Marshall Motor Holdings said its outlook for the FY remains in line with its expectations, being a significant increase on the prior year despite absorbing increased costs. "The Group continued to build on the strong financial performance reported d

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