Marshall Motor Holdings plc (LON:MMH) is the topic of conversation when Zeus Capital’s Head of Research Mike Allen talks to DirectorsTalk. Mike talks us through the important parts of the annual results, explains what has driven the good numbers and shares his thoughts on the company outlook and current share price.
Marshall Motor Holdings plc principal activities are the sale and repair of new and used vehicles through Marshall Motor Group and the leasing of vehicles through Marshall Leasing. Following the acquisition of Ridgeway Garages (Newbury) Limited announced on 26 May 2016, the Group’s businesses have a total of 103 franchises covering 24 brands, operating from 89 sites across 25 counties in England. In addition, the Group operates five trade parts specialists, four used car centres, five standalone body shops and one PDI centre. In May 2016 the Group was recognised by the Great Place to Work Institute, being ranked the 19th best place to work in the UK (large company category). In November 2016 Marshall Leasing was named Fleet Service Company of the Year 2016 by the Association of Car Feet Operators (ACFO), an award it also won in 2010 and 2013.