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Marshall Motor Holdings PLC raises guidance for the third time this year


It looks like a shortage of cars is driving up prices on the forecourt
Marshall Motor Holdings Plc (AIM:MMH) shares hit the accelerator pedal on Wednesday morning after the car seller significantly raised full-year expectations.
The group has already lifted guidance twice this year, most recently in June, and said that favourable conditions seen back then continued in July.
There remains a high level of uncertainty over the second half of 2021 and into 2022 given well-documented vehicle supply issues, an expected realignment of used vehicle values (the timing of which is uncertain) and the continuing impact of the COVID-19 pandemic, the group said. ....

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