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Marshalls H1 Profit Rises; Says Confident To Meet FY View - Quick Facts

Marshalls plc. (MSLH.L), a specialist Landscape Products Group, reported Thursday that its first-half profit before tax increased 14 percent to 37.1 million pounds from last year's 32.5 million pounds.

Pre-tax profit before IFRS 16 was 37.2 million pounds.

Earnings per share grew 15 percent to 15.18 pence from last year's 13.24 pence. Earnings per share before IFRS 16 were 15.22 pence.

EBITDA climbed 32 percent to 54.9 million pounds. EBITDA - pre IFRS 16 increased 14 percent to 47.3 million pounds.

Revenue increased 15 percent to 280.1 million pounds from 244.3 million pounds last year.

Further, the Board has declared an interim dividend of 4.70 pence per share, an increase of 18 percent from last year.

Looking ahead, the company said its Board is increasingly confident of at least achieving its expectations for 2019.

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