9th Jul 2015 07:44
LONDON (Alliance News) - Car retail and leasing business Marshall Motor Holdings PLC on Thursday said trading in the first half of 2015 was ahead year-on-year, though this has been partially offset by an anticipated rise in central costs.
Marshall said that, based on current trading conditions, it anticipates meeting its expectations for the full year.
The retail arm has seen a rise in revenue and profit in the first half, driven by like-for-like growth and contribution from acquisitions, while its leasing arm has also performed well and improved its profit.
Marshall will publish interim results on August 18.
Marshall Motor shares were untraded early Thursday, having last traded at 176.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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