Marshalls Plc (MSLH.L), a British maker of natural stone and concrete hard landscaping products, in its preliminary announcement on Wednesday, posted a decline in pre-tax profit for 2022, reflecting an impact of the adjusting items.
However, the company reported an increase in revenue, supported by eight months contribution from the acquisition of Marley Group Plc.
For the 12-month period to December 31, 2022, the Elland-headquartered firm reported a pre-tax income of 37.197 million pounds, lesser than 69.322 million pounds of 2021.
Excluding items, profit before tax moved up to 90.4 million pounds from 73.3 million pounds of previous year.
Post-tax income stood at 26.5 million pounds or 11.3 pence per share, versus last year's 54.9 million pounds or 27.4 pence per share of previous year.
Adjusted basic income per share was at 31.3 pence as against last year's 29.2 pence per share.
Operating earnings were at 47.912 million pounds as against 76.223 million pounds a year ago.
Adjusted operating profit rose to 101.1 million pounds from 77.4 million pounds of 2021.
Marshalls registered EBITDA of 90.2 million pounds, lesser than 107.1 million pounds a year ago.
Adjusting items rose to -53.2 million pounds from -1.2 million pounds a year ago.
Revenue was at 719.4 million pounds, compared with 589.3 million pounds of previous year.
The company will pay a final dividend of 9.9 pence per share bringing the full year dividend to 15.6 pence per share, an increase of nine percent compared with 2021. The dividend will be paid on July 3, to shareholders of record on June 2.
Looking ahead, the firm said: "In the shorter-term, whilst the macro-economic climate is expected to remain challenging and assuming a progressive improvement in our end markets during the year, the Board remains confident of delivering a result that is in-line with its expectations…"
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.