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Marshall Motor Holdings CEO celebrates three-fold ROI on PLC s 7th birthday

Marshall Motor Holdings chief executive Daksh Gupta has highlighted shareholders’ three-fold return on investment on the seventh anniversary of the car retail group‘s IPO on the London Stock Exchange.

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Marshall Motor Holdings very strong on all fronts says Zeus Capital (LON:MMH)

Marshall Motor Holdings very strong on all fronts says Zeus Capital (LON:MMH)
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Marshall repays £4m in COVID support and forgoes leadership bonuses

25 people found this useful Marshall Motor Holdings CEO Daksh Gupta has told AM “I can hold my head high” after the AM100 car retailer vowed to repay £4m in Government COVID support – and still match its 2019 financial performance in 2021. In an AGM statement issued this morning (May 20), Marshal committed to repaying all Coronavirus Job Retention Scheme (CJRS) grants received for 2021 (£2.6m) and all non-essential retail sector grants (£1.4m). It acted on the target, first announced back in March, as it revealed an 11.1% market outperformance on new retail car sales and 7.2% in used in the four month period to April 30 and forecast a 2021 year-end profit before tax of £21.1m – matching its 2019 performance.

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