Marshall Motor Holdings Plc (LON:MMH) CEO Daksh Gupta talks to DirectorsTalk about a solid set of interim results. Daksh talks us through the highlights, explains the key drivers, talks us through the balance sheet and shares his view on how the company is positioned for the future.
We also caught up with Zeus Capital Head of Research Mike Allen to discuss the company’s latest Interim Results.
Marshall Motor Holdings plc is an automotive retail and leasing company. The Company is engaged in the sale and repair of new and used vehicles through Marshall Motors, and the leasing of vehicles through Marshall Leasing. Its segments include Retail and Leasing. The Retail segment is engaged in the sales and servicing of motor vehicles and ancillary services. It operates through franchise agreements with vehicle manufacturers, which are typically for a length of between 2 and 5 years. The Leasing segment provides service-led fleet management services. It focuses on leasing vehicles to end consumers and fleet customers. Its businesses are integrated and include approximately 80 franchise dealerships, and represent over 20 brands. It operates from over 60 sites across approximately 20 counties in England. The Company also operates approximately two accident and repair centers, and a filling station. It operates approximately two standalone body shops and a standalone petrol forecourt.