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Auto dealer Marshall Motor again upgraded its annual earnings guidance, citing higher sales and margins that are offsetting supply constraints.
Continuing operating pre-tax operating profit for the year through December now was forecast to be not less than £50 million, the company said.
Marshall Motor said new vehicle supply constraints caused by the global shortage of semi-conductors had deteriorated throughout August and the important plate-change month of September.
The constraints were expected to continue through 2022, it added.
'The group has benefited from exceptionally strong new car margins as a result of supply shortages, which has offset the impact of reduced volumes,' the company said.