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Marshalls 4-month Revenue Rises 4%; Full-year Outlook Unchanged

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Marshalls PLC (MSLH.L), a supplier of hard landscaping, building, and roofing products, Wednesday reported revenue of 207 million pounds for the four months to April 30, 4% higher than 199 million pounds for the same period a year ago.

Building Products revenue grew 4% year-on-year to 56 million pounds and Roofing revenue increased 15% to 65 million pounds, while Landscaping Products revenue was down 3% to 86 million pounds.

Foe the full year, the company has reiterated its outlook.

"We have made an encouraging start to 2025 with a return to Group revenue growth in the first four months of the year and improving trends in all our reporting segments. We remain focused on executing our performance improvement plan in Landscaping alongside deploying our Transform & Grow' strategy at pace and are well positioned to respond swiftly to improving activity levels when our key end markets recover," said Matt Pullen, Chief Executive of Marshalls.

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