Marshall CEO Daksh Gupta: ‘we must keep our feet on the ground’ after outperforming market in 2020

Marshall Motor Holdings reported revenues down by 5.3% to £2.15 billion as pre-tax profits rose 3.7% to £20.4 million in a COVID-19 impacted 2020 car retail market.

Full-year financial results for the 12 month period to December 31, 2020, revealed this morning that the AM100 PLC had retained its financial resilience with the help of Government support as its underlying basis as revenues declined 13.5% (to £1.87bn), alongside pre-tax profits down 5.4% (to £20.9m) on an underlying basis.

Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Marshall Motor Holdings Plc

More articles like this

Marshall Motor Holdings Plc

Marshall completes acquisition of Nissan Leicester

Hot-on-the-heels of the acquisition of Jaguar Land Rover in Cheltenham & Gloucester at the end of May, Marshall Motor Holdings plc is pleased to announce the acquisition of Nissan Leicester. The acquisition further strengthens Marshall’s Nissan portfolio,

Marshall Motor Holdings Plc

Marshall Motor Group on course for a record year

Marshall Motor Group expects profit and cash generation for the first half of the year to be ‘exceptionally strong’. The listed motor group issued an unscheduled Stock Market announcement today as it said the ‘positive tailwinds’

Marshall Motor Holdings Plc

How we’ll buy our cars in the future webinar

Lex Kerssemakers, Daksh Gupta and Michelle Wells join us for the next instalment of Autocar Business Live, looking at the future of retail in the automotive industry. As with most things in life, recent events have

Marshall Motor Holdings Plc

Real Estate success with Marshall Motor Group

Greenwoods GRM’s Real Estate Team is pleased to have worked with Marshall Motor Group on its latest acquisition. Marshall has added to its portfolio after buying Cheltenham and Gloucester Jaguar Land Rover from Heritage Automotive.  As

Marshall Motor Holdings Plc

Marshall Motor Holdings Q&A: Outperformance across the group (LON:MMH)

Marshall Motor’s Daksh Gupta and Richard Blumberger discuss another strong performance for the group, repaying government monies, the semi-conductor shortages, pipeline, re-election at the AGM and achieving another ranking in the Best UK Workplaces in this exclusive interview with DirectorsTalk.