4 August 2021 - trading update

Following the positive news coming from the motor retail sector, AIM-listed Marshall Motors has issued a strong trading update as the market has benefited from strong tailwinds since April.  The value of second hand vehicles has risen sharply and demand from consumers is strong.  The company therefore believes that it will make underlying pre-tax profits of at least £40m for 2021 - this is almost double the figure for 2020 when earnings per share were 21.1p - achieving this forecast would make the shares look very cheap and we maintain our recommendation of

This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.

Already a member, log in HERE.