# Marshall Motor Holdings Plc underlying PBT now expected to be ahead of last year

- Link: https://www.directorstalkinterviews.com/marshall-motor-holdings-plc-underlying-pbt-now-expected-to-be-ahead-of-last-year/412761302
- Published: 2018-11-14T07:10:15+00:00
- Author: Giles Arbor

**Marshall Motor Holdings Plc** ([LON: MMH](https://www.directorstalkinterviews.com/company/marshall-motor-holdings/mmh.l)),
one of the UK’s leading automotive retail groups, issued today the following trading
update in response to better than anticipated trading during October 2018 and a 
more positive outlook for the remainder of the current financial year.

[_DirectorsTalk caught up with CEO Daksh Gupta to discuss today’s news_](https://www.directorstalkinterviews.com/interview-why-marshall-motor-holdings-published-an-unscheduled-trading-update-today/412761350)

As previously announced on 11 October 2018, the introduction of the new Worldwide
Harmonised Light Vehicle Test Procedure (“WLTP”) had a significant impact on the
UK new vehicle market during September 2018 which was expected to continue for the
remainder of the year. Whilst the resultant new car supply imbalance is continuing,
growth in our used car volumes and margins given supply constraints in the new car
market, combined with further revenue growth achieved in aftersales, has given us
more confidence over the expected outcome for the year.

As a result, the Board now expects continuing underlying profit before tax for the
year ending 31 December 2018 to be ahead of the Group’s record results reported 
last year.

Marshall Motor Holdings Plc results for the year ending 31 December 2018 are due
to be released on 13 March 2019.

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